Wed, 22 Sep 2021 Today's Paper

Minister Pathirana correct only on low diesel prices in Sri Lanka

2 September 2021 09:04 am - 0     - {{hitsCtrl.values.hits}}

A A A

 

 

The minister claims that Sri Lanka has the lowest petrol and diesel prices in the South Asian region—except for Pakistan, which has a lower diesel price.


To evaluate this claim, FactCheck.lk consulted Ceylon Petroleum Corporation (CPC), Petroleum Planning and Analysis Cell of India (PPAC), Pakistan State Oil (PSO), Bangladesh Petroleum Corporation (BPC), State Trading Organisation of Maldives (STO), State Trading Corporation of Bhutan Ltd. (STCBL), Kuensel online and Kathmandu Today Press articles, and globalpetrolprices.com database. 


Prices differ by the type of petrol and diesel, and most countries provide at least two variants of petroleum-based fuel. 

FactCheck.lk compared prices across countries (in equivalent Sri Lankan Rupees) on the lowest priced variety that is marketed in each country.


According to the official data, at the time of the minister’s statement (i.e., 20 July 2021), the minimum price of a litre of petrol in Sri Lanka was LKR157.00. At the time or prior to when the minister made this claim, prices when converted to the LKR equivalent, were LKR 137.39 in Afghanistan, LKR 141.15 in Maldives, and LKR 147.18 in Pakistan (converted at the 7-day average exchange rate as of 19 July 2021 according to OANDA). Therefore, contrary to the minister’s claim, all these countries had petrol at lower prices than Sri Lanka.


The minimum price of automotive diesel in Sri Lanka was LKR 111.00/litre, the lowest in the region at the time of the minister’s statement. 


The minister’s statement that Sri Lanka has the lowest diesel prices in South Asia is correct (and it was even lower than Pakistan). However, the minister is not correct in claiming that Sri Lanka has the lowest petrol price in the region, because the prices in Afghanistan, Maldives, and Pakistan were lower at the time he made this claim.
Therefore, we classify his statement as PARTLY TRUE.


**FactCheck.lk’s verdict is based on the most recent information that is publicly accessible. As with every fact check, if new information becomes available, FactCheck.lk will revisit the assessment.


FactCheck.lk is a platform run by Verité Research.  
For more fact checks, visit our website at www.factcheck.lk.  

 

 

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

  Comments - 0

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 


Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment




See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 


Waiver of registration questioned: Import of covid related drugs, products shrouded in controversy

The National Medicines Regulatory Authority- the independent authority that r

Mysterious disease killing pups!

A mysterious respiratory disease affecting puppies in the Central Province is

Jacqueline Fernandez; Lankan Star Shining in Indian Film Sky

Sri Lanka’s Jacqueline Fernandez who has made a name for herself in India

Young families share stories of pregnancy in a pandemic

For hundreds of expectant and new mothers, pregnancy and childbirth are nothi