Fuel Crisis

Due to fuel shortage in the country, the Chief of Staff of Sri Lankan Prime Minister Sagala Ratnayake said that the Ceylon Petroleum Corporation (CPC) has fixed a petrol consignment which is likely to arrive in the country on July 22.

The remarks are significant at a time when the country is struggling with its economic crisis.

Sagala also told Ratnayake on Wednesday that a number of discussions and efforts were being made to secure the fuel shipment before the expected date, Newswer reported.

The Prime Minister’s Chief of Staff further said that a consignment of 38,000 metric tonnes of diesel is also expected to reach the country between July 11 and 15.

Ratnayake further claimed that a petrol consignment from India would reach the country by July 22 and the CPC was continuing its efforts to secure a petrol consignment by July 10.

At present, the country has a total of 11,000 metric tons of diesel, 5,000 metric tons of petrol, 30,000 metric tons of furnace oil and 600 metric tons of jet fuel, according to Newsweek.

Until new invoices arrive, the existing diesel stock in the country will be used only for essential services.

The country will receive 33,000 metric tons of gas in July and a total of 100,000 metric tons of gas will be collected for the next four months.

Shipments are scheduled for July 6, 10, 16, 19, 21 and 31.

According to Newswire, LP Gas will purchase Litro with the help of the World Bank and the agreement will be signed on June 29 or 30.

Several doctors and bankers in the country are protesting against the lack of fuel stocks.

“This is an impossible situation. The government must give us a solution,” said H.M. Mediwatta said.

Significantly, Sri Lanka has faced its worst economic crisis since independence in 1948, with an acute shortage of essential items such as food, medicine, cooking gas and fuel across the island state.

The nearly bankrupt country, the acute foreign exchange crisis that has led to an increase in the amount of foreign debt defaulters, announced in April that it had stopped paying off about 25 25 billion in foreign debt by 2026 and about 7 7 billion this year. Sri Lanka’s total foreign debt.

The economic crisis that has naturally affected food security, agriculture, livelihoods and access to health services. Food production during the last harvest season was 40-50 per cent lower than last year and the current agricultural season is at high risk, including shortages of seeds, fertilizers, fuel and credit.

Sri Lanka is one of the few countries named by the Food and Agriculture Organization (FAO) which is expected to be without food as a result of the expected global food shortage this year.


By 12news World

12news World is a Professional News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of News, with a focus on dependability and Daily News Updates.

Leave a Reply

Your email address will not be published. Required fields are marked *