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Last Updated : 2024-05-13 13:32:00
The Ceylon Petroleum Corporation (CPC) today said they would be able to supply fuel including diesel, petrol and jet fuel without any issue in April, as fuel shipments would be recieved as per the schedule under the Indian Line of Credit facility.
CPC Chairman Sumith Wijesinghe told a news conference at the Presidential Media Centre that fuel consumption has unusually gone up by about 35% this year when compared to previous years.
He said nearly US$ 1.2 billion had been spent for fuel imports during the first three months of this year and that over US$ 5 billion would be needed to import fuel for rest of the year, if prices remain stable as at the present rate. "
This is a remarkable increase reported after 15 years. Only US$ 2.5 billion was spent for fuel imports last year. We had to spend US$ 1.2 billion within just three months this year alone," he said.
He said a fuel shipment which costs around US$ 25 million has gone up to US$ 45 to 55 million by now.
Mr. Wijesinghe said diesel consumption has increased unusually this year and added that it was only 139,000 MTs of diesel was consumed in January last year.
However, it went upto 198,000 MTs in January this year. It has further went high to 211,000 MTs in March this year. This is an unusual situation. We need to find as to why it has gone up to such considerable proportions, even when vehicle imports too have been suspended for two years since now," he said. (Ajith Siriwardana)
Dee Wednesday, 30 March 2022 08:49 PM
LoL!
Abe Wednesday, 30 March 2022 08:59 PM
Bullshit last year country was on locked down and cannot believe the statistics but truth is that no adequate fuel supply
N SENA Wednesday, 30 March 2022 09:23 PM
WHAT ABOUT THE 31 MARCH?
Dieing people Wednesday, 30 March 2022 09:50 PM
Giving assurances is very easy. But we cannot live with your assurances only. So may assurances have been given by all of you but nothing seems to happen. Our survival has become impossible and to whom we can tell our problems.
LSRM Wednesday, 30 March 2022 09:58 PM
Is it in April 2023
Sampath Wednesday, 30 March 2022 10:16 PM
Theft
Gratien Wednesday, 30 March 2022 10:37 PM
jokers are making statements by the day, with no credibility
johan Wednesday, 30 March 2022 10:40 PM
You and Your monsters are hoodwinking the people only
GHT Wednesday, 30 March 2022 11:42 PM
After the vehicle imports stopped, the old vehicles remained un-roadworthy stuff repaired and launched in the roads, those old engines are burned a lot of Diesel
Ama Thursday, 31 March 2022 05:00 AM
All the Governnent came to power spread nothing but RASISM and destroyed the country. I m typing this msg being in the DARK.
Gamini Thursday, 31 March 2022 05:54 AM
$5b is needed for the rest of the year. Hmmm
ANTON Thursday, 31 March 2022 06:30 AM
THIS SHOULD BE PUBLISHES ON FIRST OF APRIL.
Srilankan Thursday, 31 March 2022 06:38 AM
April 2023?
Peasant Thursday, 31 March 2022 11:10 AM
These day light robbers have robbed the country dry. Sad.
cineha Thursday, 31 March 2022 11:27 AM
The relevant ministers and these jokers of CBSL, CPC, and PUCSL must be kicked out first.
Seqi Thursday, 31 March 2022 11:31 AM
Aren't you answerable to the government.... Why are you, a public servant telling us this.
Madipadi Thursday, 31 March 2022 11:34 AM
People are not drinking petrol, covid restricted travel considerably so volume utilized should in fact be lower. Stocking up in anticipation of shortages and panic buying will even out demand. Dollars value fluctuations and mismanagement are the cause.
Nomads Thursday, 31 March 2022 11:56 AM
Can u reveal the taxes that is imposed on fuel bought down for energy production and consumer usage ? Your moron Government has inhumanly taxed bogus rates to cover corruption and incapability. It is imperative that the import volumes are high when inferior quality fuel is purchased for import.
rohantha Thursday, 31 March 2022 12:23 PM
This Bugger Must Be Mad
sam Thursday, 31 March 2022 12:24 PM
April which year? Dont lie like the minister
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