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Revise fuel transport formula; if not fuel distribution will be stopped: SLPPTOA

13 March 2022 04:48 pm - 5     - {{hitsCtrl.values.hits}}

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The Sri Lanka Petroleum Private Tanker Owners' Association (SLPPTOA) said that they need to revise the fuel transport formula within two days and said if not, they will refrain from carrying out their services.

They stated the transportation formula should be revised to account for the 60% increase in transportation costs caused by the CYPETCO fuel price increase.

Some 800 bowsers are operating in fuel distribution around the country, while CYPETCO has 70 to 80 bowsers, he said.

According to them, the sudden increase of fuel by CYPETCO, the prices of lubricants, tyres, tubes, batteries, vehicle service charges, vehicle spare parts, and employees salaries to have shot up.

90% of the members have decided to stop the fuel distribution.

The association claimed they were unable to get diesel, even for their bowsers for fuel distribution, the association said.

However, it requested their members to continue with the service for two days until the fuel transport formula is amended. (Chaturanga Samarawickrama)


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  • upali Sunday, 13 March 2022 05:24 PM

    Repurcussions of privatization in 1977by JR

    sam Sunday, 13 March 2022 06:24 PM

    No subsidies just change the formula

    Mifraz Sunday, 13 March 2022 06:36 PM

    What these bowser transport asking is justifiable . But to get on to a point Anyone heard Lanka IOC bowser go on strike ? Definitely no cos that’s privatized . If ceypetco can pay bonus for employees regardless of ceypetco making losses cannot be tolerated . Cos all those burden comes back to tax payers . So many department shud be privatized to get uninterrupted services for public . Due to government department’s mismanagement from the independence we are facing this bankruptcy in Sri Lanka .

    Seb Monday, 14 March 2022 08:12 AM

    Just follow Mexico and El Salvador and make crypto legal tender

    sam Monday, 14 March 2022 08:40 AM

    Sad to see how the CPC bowser fleet has deteriorated when it had over 300 in the 1960's.


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