Fuel price revision will be implemented once a month: Minister

19 November 2022 07:55 pm Views - {{hitsCtrl.values.hits}} 7 Bookmark

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A proposal will be submitted to the cabinet to implement the fuel price revision once a month instead of twice a month, Power and Energy Minister Kanchana Wijesekera said.

Currently the revision of fuel prices is being implemented on the 1st and 15th of each month.

Addressing the 50th Annual General Meeting of the Petroleum Dealers Association, the Minister said some dealers are refraining from ordering fuel a few days before the price revision, thinking that the price may decrease.

The Minister said price revisions on fuel will be implemented once in a month according to the price in the world market.

The 50th Annual General Meeting of the Petroleum Dealers Association was held this morning. The Association Members representing all CEYPETCO & LIOC Dealerships, representatives of CPC, LIOC, CPSTL, State Banks participated at the event. (DSB)

Comments - 7

joshua Saturday, 19 November 2022 08:53 PM

what kind of ministers we have.....They wake up in the morning and decide when to change. No policy but ad hoc decisions. stinking 225

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Rex Jarkie Sunday, 20 November 2022 05:10 AM

But conveniently has not given proper date like before so that he to can dabble about

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Rex Jarkie Sunday, 20 November 2022 05:10 AM

But conveniently has not given proper date like before so that he to can dabble about

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Mirosaan Sunday, 20 November 2022 08:03 AM

When prices are reducing, fuel revision happens once a month. When they want to increase, it happens twice or more in a month.

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Sambo Sunday, 20 November 2022 08:34 AM

The petroleum minister does no know if he is coming or going as the other entire lot. Keeps on changing revision dates.

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Sunil Sunday, 20 November 2022 03:02 PM

Whether it is once a month or once a fortnight this revision is only for fleecing the poor public.

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Dee Sunday, 20 November 2022 03:17 PM

Whatever you do, even if you reduce the price by 50%. We will still continue the aragaley and bring you and the country down! We want elections, we don't want solutions!

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