Fuel price revision likely today

15 August 2022 10:56 am Views - {{hitsCtrl.values.hits}} 7 Bookmark

CHATURANGA PRADEEP SAMARAWICKRAMA Follow

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A fuel price revision for the second quarter of this month will be made today, the power and energy ministry announced earlier.

According to amendments made to the fuel pricing formula, the fuel price revision is expected to take place on the 1st and the 15th of every month as per the fluctuation of prices in the global market.

On August 1, after amending the fuel prices, the Ceylon Petroleum Corporation (CPC) had reduced only the price of a litre of Lanka Auto Diesel by Rs. 10 with announcing the new retail price as Rs. 430.

There were no changes made in the prices of petrol, kerosene and other diesel varieties.

Accordingly, the retail price of a litre of Lanka Petrol 92 Octane is Rs.450, Lanka Petrol 95 Octane Euro 4 is Rs.540, Lanka Super Diesel 4 Star Euro 4 is Rs.510 and Lanka Kerosene is sold Rs.87. (Chaturanga Samarawickrama)

Comments - 7

Atha Katha Somay Monday, 15 August 2022 11:18 AM

Hon. Minister Kanchana, we appreciate your great service as you are the only one Minister (SLPP) work hard for the benefit of the people and our blessings are always for you. Please reduce the prices of Petrol, Diesel and the Kerosene Oil as per world market prices and give some remedy for us.

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Karalasingam Sivalingam Monday, 15 August 2022 02:28 PM

Kanjana, you have performed well,eradicating of queues for days and weeks, culminating in many deaths in queues. You should be appointed as the prime minister, since you have the vigor and foresight to solve problems of high magnitude, we don't want namesake ministers without performance. Congratulations Kanja, we admire you work.

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Dr. W.D.R. Ranasinghe Monday, 15 August 2022 04:21 PM

We salute Sir, Please do something for the poor masses. Only you care for us and we trust that you will solve the present crisis and high cost of living.

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Rudy Hodgson Monday, 15 August 2022 04:38 PM

The world is evolving with the young people at the helm at every sphere and they are performing well. Its high time for the older people in Govt and the private sector to call it a day by handing over the reins to the young blood.

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T.M.D.M. Jayaratna Monday, 15 August 2022 05:00 PM

Around 100/= reduction possible for petrol. Bankrupt miracle no more can cater to the demand so QR system is the miracle of Asia and what a competent minister after all.

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GERIATRIC Monday, 15 August 2022 07:38 PM

Divert Profit from Petroleum Sales with foresight - For those installing Solar Power for residences grant 50% Grant and 50% Loan repayable in 15 years. In another 20 years time there would be a remarkable reduction in the annual Fuel Import Bill...

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Demuni de Silva Tuesday, 16 August 2022 07:05 AM

Let's know that you are purchasing fuel from the lowest bidder. I reiterate that the PUCSL Chaiman maintains that price of each fuel categories could be reduced by Rs.200/-. We are compelled to accept his assertion as he has affirmed so, on grounds. Please clarify.

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