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Fuel station owners warn of closures over low commission
Colombo, Sept. 30 (Daily Mirror) - The Petroleum Distributors Association has warned that many petrol stations may have to close in the near future due to insufficient commissions paid by the Ceylon Petroleum Corporation, Sri Lanka Petroleum Private Tanker Owners' Association (SLPPTOA) joint Secretary D.V Shantha Silva said.
He told the Daily Mirror that distributors say the current 1.75% commission is not enough to cover employee salaries and the costs of running the stations. They also claim that their attempts to explain the situation to the Petroleum Corporation were ignored.
In response, the association has sent letters to President Anura Kumara Dissanayake and Prime Minister Harini Amarasuriya, requesting government intervention.
The distributors point out that while petroleum products are sold at the government-set maximum retail price, the Petroleum Corporation pays a much lower commission compared to other petroleum suppliers, generating large profits at the expense of fuel station owners.
They stress that commission is the only source of income for petrol station owners and must cover all financial obligations, including administrative costs, employee salaries, and VAT.
The association says the reduced commission has severely affected many petrol station businesses and is urging the government to either revise the current commission structure or allow station owners to follow the rates paid by other petroleum suppliers.
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