COLOMBO : Prices of fuel have been increased with effect from midnight on Monday (20), the Ceylon Petroleum Corporation announced.
Accordingly,the price of a litre of Petrol (92 Octane) has been increased by Rs 20 (from Rs 157 to 177), Petrol (95 Octane) increased by Rs. 23 (from Rs 184 to 207),
Auto Diesel increased by Rs. 10 (from Rs 111 to 121), Super Diesel increased by Rs.15 (from Rs 144 to 159) while Kerosene increased by Rs. 10, (from Rs 77 to 87).
Earlier today, it was reported that Central Bank Governor Ajith Nivard Cabraal had written to Finance Minister Basil Rajapaksa on increasing fuel prices.
Reportedly, the CBSL governor had pointed out that importing petroleum to the country further deepens Sri Lanka’s forex crisis and that the prices of petrol and diesel must be hiked.
In light of this development when Ada Derana spoke to the Central Bank to ger confirmation on the matter, the CBSL officials however neither confirmed nor denied the claims.
With rumours also in circulation of a fuel shortage on the island, Minister of Power Udaya Gammanpila had moved to assure that there are sufficient fuel reserves in the country to last until mid-January next year.
He also added that even though there is a problem in opening the relevant Letters of Credit, there is no need to worry of fuel shortage as four or five fuel ships are scheduled to arrive every week.
