Petroleum
EDB, CPC meet exporters on fuel distribution
Sri Lanka witnesses slow down in high-spending foreign visitors in March 2026
Sri Lanka has raised fuel prices to near 2022 economic crisis level amid shortage fears
It is also exploring a Russian oil deal amid fuel shortage, price hike
Sri Lanka likely to hit further if it cannot secure fuel in near future
Sri Lanka grapples due to fuel shortage, global price hike amid Middle East war
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The gas price increase follows Monday’s increase in fuel costs.
Sri Lanka has already raised fuel prices over soaring global oil prices after U.S./Israel’s attack on Iran
Sri Lanka officials had said petrol and diesel stocks were adequate, before global oil prices surged more than 20 percen
“This will add roughly 10 days of additional storage capacity to our reserves,” Dissanayake said.
Several shipments, including one carrying 35,000 metric tons, will arrive on schedule, he said.
Motorists stay in long queues to fill tanks
The geopolitical shockwave could unsettle President Anura Kumara Dissanayake’s plans
contract for the procurement of 05 ships of Petrol 92 Unl during the period from 2026-03-15 to 2026-09-14
Keeps the prices of other fuels including kerosine steady
Firms on competitive bidding sells unit around Rs15 to Rs18 and FIT around Rs25
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