LIOC to increase Diesel and Petrol prices by Rs.5

21 October 2021 08:27 pm - 9 - {{hitsCtrl.values.hits}}

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The Lanka IOC has increased its retail selling prices for both Diesel (Lanka Auto Diesel) & Petrol (LP 92 ) by Rs. 5 per litre from tonight due to huge losses on sales of both the products.

The LIOC Manager Commercial Manjula Abeywickrama said the prices of Lanka Super Diesel and LP 95 have been kept unchanged.

The losses are around Rs. 40 per litre on sale of Diesel and Rs. 20 per litrer on sale of Petrol at the current international prices.

The last price revision took place on June 12. However, since then the Brent crude oil prices have increased from $72 to $86 per barrel in the international market.

However, even after this price increase in Diesel and Petrol, LIOC will still have to bear significant losses at prevailing international prices for which they have been requesting to Ministry of Finance and Ministry of Energy to take necessary steps to provide relief to organization, Abeywickrama said. (Chaturanga Samarawickrama)

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Comments - 9

kikazaru Thursday, 21 October 2021 09:15 PM

දැර්‍මම මුටටිය

Demuni Uduwara Friday, 22 October 2021 04:13 AM

We used to it !

City-son Friday, 22 October 2021 07:29 AM

NEXT Cepetco...... "Inna Hithena Ratak"

Hornet Friday, 22 October 2021 05:39 AM

So the cat is out of the bag finally!!!

David Perise Friday, 22 October 2021 06:36 AM

Huge loss is due to the corrupt and inefficient CEO and board members. For there corruption people have to pay a price. Always consumers get screwed.

Bahee Friday, 22 October 2021 06:42 AM

No news says for present prices for list of fuel available in SL today but can find the crude oil price which is no need to know if you you are paying in rupee.

දාස Friday, 22 October 2021 06:54 AM

අපේ ඩිසල් පැට්රල් අපි ගහගන්නව, ඉට අමතරව දියවන්නාවෙ ඉන්න නිලකාස හොරුන්ගෙ වාහනවලටත් පට්රල් ඩිසල් ගහන්නෙ අපි .මේ කරුමෙන් අපි කවදද ආයුබෝවන් ගැලවෙන්නෙ.

ANTON Friday, 22 October 2021 07:27 AM

WHAT IS THE EASIEST WAY TO GO TO ANOTHER COUNTRY ? ATLEAST TO ITHIOPIA.

European Friday, 22 October 2021 11:50 AM

Anton : the price of fuel is very high too here: more than 2 euro per liter.

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LIOC to increase Diesel and Petrol prices by Rs.5

Comments - 9

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