Home Sri Lanka Fuel distributors allege Govt efforts to sell CPC filling stations to foreign firms
Sri Lanka

Fuel distributors allege Govt efforts to sell CPC filling stations to foreign firms

Share
Share

The Petroleum Dealers’ Association has raised concerns over the government’s alleged attempts to transfer filling stations owned by the Ceylon Petroleum Corporation (CPC) to foreign companies.

Kusum Sandanayake, the Association’s Vice-Chairman, said that the government is making various moves in this direction.

Sandanayake also said that they will be submitting a memorandum at the Presidential Secretariat this morning (03) to request a reduction in the 3% commission currently imposed on filling station owners.

LIOC distributors halt orders

Meanwhile, distributors of Lanka IOC fuel have decided to halt fuel orders. 

The company’s Chairman, Kosala Vidanaarachchi, explained that due to pressure from the CPC, they are facing a loss of Rs. 35,000 per order.

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
Sri Lanka

Sri Lanka shelves naval drill with Pakistan off Trincomalee as India flags concerns

A planned joint naval exercise between Pakistan and Sri Lanka in the...

Sri Lanka

Rs. 86 million gap in church-managed Easter attack victim fund

(Sri Lanka Guardian) – Six years after the Easter Sunday bombings in...

Sri Lanka

Private members’ bill to repeal Online Safety Act gazetted

The Private Members’ Bill presented to Parliament by New Democratic Front (NDF)...

Sri Lanka

Economy will collapse if thieves are caught at full force – Vijitha Herath

The economy could likely collapse if the government uses its full force...