CPC increases fuel prices

23 February 2013 01:12 am Views - {{hitsCtrl.values.hits}} 86 Bookmark

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The state-owned Ceylon Petroleum Corporation (CPC) has increased the price of a liter of Petrol (Octane 90 and 95) by Rs. 3, Auto Diesel by Rs. 6, Super Diesel by Rs. 3 and Kerosene (industrial) by Rs.4 effective from midnight yesterday (22).

Accordingly, the new prices are: Petrol (octane 90)-Rs. 162, Petrol (octane 95)-Rs. 170, Auto Diesel –Rs 121 and Super Diesel-Rs.145.

Comments - 86

Ravana Saturday, 23 February 2013 12:00 AM

Corruption and Cost Covering for other purposes are main reoson for price hike. In 1994 this is a Profitable corporation. All the Petrolium ministers / Deputies / Presidents and appointed incapable officers should get responsible. For the Hedging Agreament every person had to pay Rs. 4500/=. ( 9000mn / 2mn ) who is responsible for this.? mokada mun gewal walin salli danawada. i think Business and Progfesional comunity should get to gether to make an mechanism to monitor these Corruptions. via DM Android App

0 12

Meharudeen Saturday, 23 February 2013 09:51 AM

Well, My dear brothers and sisters, please forgive me for saying this. I can't hide the fact. ' Our politicians are so lucky and blessed to do politics in a country like Sri Lanka. In a few days time they will declare open Mattala airport and my fellow country men will be so happy to watch it and will forget all other issues'.
There is a saying ' A country deserves its government it has' meaning if people elect a donkey government, people are also donkeys....... (who will agree with me)

1 27

Jagath Leanage Saturday, 23 February 2013 09:50 AM

We are getting closer to "Wonder of Asia". Price of crude oil has gone down in World Market and in the mean time exchange rate too has gone down (1US$=125/- approx). What we cant understand is, why this regime increasing FUEL prices. There is a impact for every thing due to this fuel increase. Nothing else, wastages of "RAJA PAWULA" and its "FAMILY TREE". When ever they go a foreign trip they take Plane load and we have to pay them.

0 6

Dee Saturday, 23 February 2013 09:48 AM

best news sri lankikans have heard for 2013.

0 7

branu Saturday, 23 February 2013 09:46 AM

using Halal as a issue, and also Geneva issue now government is taking advantages. but some of our low class peoples fighting against Halal rather then fighting against this corruptions in this country

0 11

StrawHat Saturday, 23 February 2013 09:29 AM

I think this is because ACJU is charging high fees for Halal certificate from the Ceylon Petro Corporation! Lol :p

0 8

Kodithuwakkuarachchi Saturday, 23 February 2013 09:17 AM

One more protest by Bodu Bala Sena in front of Iranian embassy price of petrol goes up by another 50 rupees.

0 9

sobers Saturday, 23 February 2013 09:16 AM

Increase in petroleum prices to encourage walking and make srilanka public healthy, and then to feed the parlimentarians with pork with the increased revenue.

0 7

saranga Saturday, 23 February 2013 09:10 AM

Rupee depreciated due to credit taken by the government to offset the printed money to cover fuel bills as the adjustment was not done last year just like today. Fuel prices must be adjusted according to world prices and can not hold up which put the pressure on banks. Ultimately central bank printed money to pay the bills for citizen who did not pay the equal price to reflect the world market which sent the Rupee tumbling down to 135 which is now settled around 127.

1 3

kautilya Saturday, 23 February 2013 09:08 AM

Government is bankcrupt

0 8

ramkumar Saturday, 23 February 2013 08:51 AM

fruit of Bothu Balana Sena group action ed against Halal. This was expected when there were some attention diverting things happen.

0 10

Amr Rizwie Saturday, 23 February 2013 09:55 AM

Country is going to the dogs.. Poor are getting poorer and richer are getting poor and the politicians are getting way richer to richest..

0 21

MONK Saturday, 23 February 2013 08:38 AM

THIS IS WHAT THEY PLAYED HALAL GAME. SO THAT PEOPLE WILL TALK ONLY HALAL NOT COST OF LIVING

0 11

Hisham Saturday, 23 February 2013 12:00 AM

just a question is importing fuel from Arabs is ok for these BBS cos they money earn oil and they build mosques in their countries via DM Android App

2 22

lanka Saturday, 23 February 2013 12:00 AM

The country needs an administration which find income from economic growth and not by price hikes via DM Android App

1 14

Saman Saturday, 23 February 2013 08:29 AM

In Australia fuel prices change daily. Last Wednesday I paid $1.27 per/lit. Today I saw the price at $1.51. By midweek it should be around $1.30 hopefully. Furthermore, different companies have their own pricing. Shell, BP and Caltex compete for sales and the price is not government regulated. Generally weekends have higher rates.

6 2

Fair N Square Saturday, 23 February 2013 08:09 AM

CPC is ONE of the govt entities that runs on a PROFIT. Make all other entities profitable and viable. Why does the CPC have to make Billions of rupees as PROFIT by sucking the blood of the citizens to show a HEFTY profit? IF they cannot offer at a decent price, let PRIVATE sector get into the business of importing and give at a cheaper price... PRIVATIZE if its benefitial to the CITIZEN ...

1 1

Sylvester Saturday, 23 February 2013 07:38 AM

When does the private sector salaries goes up?

0 8

saranga Saturday, 23 February 2013 07:32 AM

Fuel prices must be adjusted daily to reflect the world prices on Oil not ad hoc like in Sri Lanka

0 10

ampattan Saturday, 23 February 2013 07:32 AM

Those who support this government deserve this increase and more. But price increase will not affect Rajapakses family nor the ministers since they are looked after by us.

0 4

Observer Saturday, 23 February 2013 07:15 AM

This is all nonsense they talk of development and economically stable, turning down the IMF Loan request, stating that we are self sufficient. Then why was this price increase introduced

0 3

Rata Haraka Saturday, 23 February 2013 07:17 AM

Benda gaththa nang gahapang. Chande dunna nang, kaapang.

0 3

reviewcric Saturday, 23 February 2013 05:45 PM

Really? Bad governance right in your face all over the news, everywhere and you blame it on a halal certificate? Open your eyes !

0 8

Colin Monday, 25 February 2013 01:54 AM

From the beginning the CPC has been subject to state abuse by various governments. The debt is because the Gov't uses fuel as tax payers expense without paying a cent. The only way to fix this is to sell CPC and deregulate fuel imports. We should allow large companies like Shell, BP, Caltex and Chevron to import fuel and get them to compete for market share. The government will have to pay for their own fuel including the fuel for the president's car. This will stem the abuse of Ministers and government servants sending their kids to school and wives for flower shows using CPC fuel.

Please remember that the Diesel subsidy in SL is a hoax. Diesel is being sold at international rates. If not, how come we pay the same price for Diesel in Australia as in SL? Its just that petrol is taxed more in SL and the government tell you that Diesel is subsidised. And our dumb masses believe all that!!

0 1

Lucky Weeramantry Sunday, 24 February 2013 01:01 PM

There Are No Words To Express Our Sadness, Regarding The Situation In Country. Everything Is Upside Down.

0 0

Lucky Weeramantry Sunday, 24 February 2013 12:53 PM

There Will Be Another Increase When Sanctions Take Effect

0 0

Donnie Sunday, 24 February 2013 12:00 AM

Ha ha ha. .. I'm so proud to be a Sri Lankan! via DM Android App

0 1

bus magiya Sunday, 24 February 2013 03:55 AM

there should be formula to increase salaries as well like for bus fares. !!!!!!!!!!!!!!!!!!!!!!!!!!!!!

0 1

Saliya Wickremasuriya Sunday, 24 February 2013 12:00 AM

It's now the best time for a name channge - CPC into PSC (Petroleum Siphoning Committee). via DM Android App

0 2

ruchi Sunday, 24 February 2013 03:09 AM

This cannot be "Adirajya wadi balawegayak", Should be " Meda Peradiga Balawegayak." Neda Wimal?

0 0

ruchi Sunday, 24 February 2013 03:03 AM

The largest project of the government is maintaining the Cabinet. Look at the profit it generates.

0 2

clueless Sunday, 24 February 2013 01:33 AM

is this a result of the billions paid to foreign banks on hedging??

0 3

DeSelva Saturday, 23 February 2013 06:38 PM

wonder why we are building high ways and express ways if people cant afford to drive

0 4

srilankan Saturday, 23 February 2013 07:09 AM

sha.... i just got my increment...... probably my boss would have predicted this....... Thnx you boss!!!!!!

0 12

Jesus Saturday, 23 February 2013 05:22 PM

Very sexy price increase.....we should take these shocks very sexily .

0 3

Jesus Saturday, 23 February 2013 05:19 PM

@eap soma
You don't get down any 18 19 ladies anymore

0 2

sujeewa p Saturday, 23 February 2013 05:19 PM

poor consumers punished for the sin of hedging.....

0 3

sujeewa p Saturday, 23 February 2013 05:10 PM

may be to cover up the new ministers wellcome function.

0 2

jayanath Saturday, 23 February 2013 05:09 PM

HEDGING DEAL COSTS... NOBODY RESPONSIBLE BUT WE HAVE TO PAY...

0 4

lanka Saturday, 23 February 2013 12:00 AM

soon we will pay a big price once the gulf countries stop recruitment and send back srilankans on burning stuipid halal issue. duscussion is taking place on gulf council level. via DM Android App

0 2

minister lanka Saturday, 23 February 2013 12:00 AM

well .. we have to meet the cost on pork manue at the parliament canteen. via DM Android App

0 3

mush Saturday, 23 February 2013 12:00 AM

It's time for me & colleagues to choose the effective transport via DM Android App

0 2

Puswedilla Saturday, 23 February 2013 12:00 AM

Will the modayas like to have halal petrol it comes from Muslim countries! via DM Android App

1 2

j Saturday, 23 February 2013 02:12 AM

Halal works well

2 38

dilip Saturday, 23 February 2013 02:39 AM

good for stupid sri lanks who tolerATING those stupid bunch of Rajapaksas n their crownies.. more to come .. enjoy...

1 45

Lucky Weeramantry Saturday, 23 February 2013 02:42 AM

Up Up And Away.

0 24

Cobbler Saturday, 23 February 2013 02:36 AM

Thanks for Balachandran's photos.

4 22

welusumana Saturday, 23 February 2013 02:32 AM

God bless for my mother land. time to jump road.. Everything goes up even coffin price.

Lest start 1989 horror to reduce ministers.

0 33

MountainLion Saturday, 23 February 2013 02:36 AM

I have seen many shops selling food have a price list with the price left with a white blank and the price marked by a marker pen. This is a sign of hyper inflation.

0 34

Dasun Saturday, 23 February 2013 02:29 AM

Previously they informed in advance, at least 6hours before. Now, they are telling out after the increment. :-(
Now, these idiot will say, we have land, we're patriots, just fight for no halal, it might lead to reduce fuel prices. ;-)

3 36

Road runner Saturday, 23 February 2013 02:19 AM

Now moda wansa and Dr.silva start sing and dance to entertain the people.

0 35

kariyawasam Saturday, 23 February 2013 02:15 AM

to cover expenditure10m incurred welcome ceremony of new minister, otherwise there is no fuel price increase in the world market.

0 38

weha Saturday, 23 February 2013 02:09 AM

Halal Halal Halal :P :P

3 40

lalitha Saturday, 23 February 2013 02:09 AM

when the Geneva verdict comes out electricity prices will go up.

0 47

Lucky Weeramantry Saturday, 23 February 2013 02:44 AM

This Is The Reward We Get For Installing This Corrupt Govt.

1 39

Felix Saturday, 23 February 2013 01:59 AM

Wait a little more days my friends. The Electricity hike is also coming soon. There are no Bombs and Roses only bombs and shocks. Now the bus fare, vegetables, building materials will go up up up.

0 60

MagodisThuma Saturday, 23 February 2013 01:56 AM

I'm "MagodisThuma"...No problem for me !

5 21

Che Saturday, 23 February 2013 12:00 AM

these are the issues people should talk about.. await the increases in goods taxi fares and bus fares.. via DM Android App

1 33

Hadi Saturday, 23 February 2013 01:44 AM

No wonder the attention of the people were diverted towards the crap talk of Halal issue.

2 55

Chris Saturday, 23 February 2013 01:40 AM

Time to admit Rupee is depreciating due to no REAL GROWTH

0 55

Mrhonest Saturday, 23 February 2013 01:43 AM

This is the punishment given to the people of Sri Lanka for tolerating a bunch of rogues for so long. Budhdhists believe in Karma. Just be happy and contended thinking this is our karma and keep tolerating.

3 74

rumi Saturday, 23 February 2013 01:42 AM

This increase is to buy pork for MPs in the parliament.
Boda Bala Sena-where are you?.

3 81

jacky Saturday, 23 February 2013 01:37 AM

now the government will create some problem through moda balu sena to hide countrys day to day broblems

3 85

Clueless? Saturday, 23 February 2013 01:29 AM

wow... I guess we all knew this was coming somewhere down the line, but it' still managers to create no little amount of shock!

1 42

Citizen Saturday, 23 February 2013 01:25 AM

Did srilankan won a match!

3 61

ab Saturday, 23 February 2013 12:00 AM

New minister. Please take steps to reconstruct pump line from harbour and cut down expenses on unnessesary wast with a view to bring down prices of petroleum produts. please dont put all budens to consumers who are already highly inconvenied. via DM Android App

2 14

mashood passela Saturday, 23 February 2013 06:37 AM

You halal earnings will be well spend! LoL

0 4

akashi Saturday, 23 February 2013 12:00 AM

hooray....pls make all the remaining MP's ministers....that is the only way to stop further price hikes when world market prices are going down.

as for the masses....please remain worked up with Balu Sena,Halal,channel 4,india,winning the war,UNHCR.....while the country is squandered dry.... via DM Android App

1 29

sl Saturday, 23 February 2013 12:00 AM

The people of this country need rulers who run the country with economic growth and not by price hikes. where is the profit generated by huge projects done out of foreign loans. via DM Android App

1 23

MHF Saturday, 23 February 2013 12:00 AM

Why worry about this we have more pressing issues like depriving muslims of their halal food... :-P via DM Android App

0 40

Lucky Weeramantry Saturday, 23 February 2013 05:10 AM

The New Slogan WALK DON"T DRIVE Saves Money

0 20

bushel Saturday, 23 February 2013 04:27 AM

What is the use if developing roads?

0 23

ahmed89 Saturday, 23 February 2013 12:00 AM

public fights for halal government plays the game with cost of living via DM Android App

1 36

saman Saturday, 23 February 2013 12:00 AM

growth of the price of goods.. i am proud to pay a high price to prevent conspiracies by the west via DM Android App

4 20

EAP soma Saturday, 23 February 2013 12:00 AM

now bus gamunu will ask to increase bus fair by 15 rupees and backery owners want to increase a bun price by 25 via DM Android App

1 17

udabalanawa Saturday, 23 February 2013 12:00 AM

its b coz of the muslims and the halal certificate prices r going high via DM Android App

29 9

Manel Saturday, 23 February 2013 01:18 AM

If there was economic development (as the politicians say) in the country how do the prices of consumer items always go up. It should remain static at least for one year.

4 91

Lucky Weeramantry Saturday, 23 February 2013 02:53 AM

Import More PUSH BIKES Instead Cars. Find More Firewood Choppers. More Rickshaws. Wonder Of Asia

0 29

Lucky Weeramantry Saturday, 23 February 2013 02:47 AM

Buffalo Minds At Work

0 32

Ranjit Saturday, 23 February 2013 02:51 AM

The new minister has started work after the famous impeachment.

0 24

SB Saturday, 23 February 2013 12:00 AM

all are mainly forcus on halal. goverment do their job well. via DM Android App

3 42

Lucky Weeramantry Saturday, 23 February 2013 02:45 AM

Has Wimal Modawansa Got An Alternative. Like The Balaya Fish Syndrome

0 38

siraboy Saturday, 23 February 2013 02:45 AM

this tym it is Halal..the hot topic

3 67

shihan Saturday, 23 February 2013 02:42 AM

Thanks for the votes. Now, grin and bear the costs.

1 30

MountainLion Saturday, 23 February 2013 02:46 AM

Now the Transport Minister (Bus Minister?) will say no increase in bus fares. What a idiots these ministers are.

0 26

Lucky Weeramantry Saturday, 23 February 2013 02:45 AM

Bring Back The Bullock Carts.

2 27

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