Over 150 fuel station fail to place orders anticipating price revision: Minister

30 July 2023 11:56 am – 1      – 94

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More than 150 fuel station dealers have not maintained 50 per cent capacity stock and placed adequate orders to maintain stock requirements as of yesterday anticipating a fuel price revision next month.

Power and Energy Minister Kanchana Wijesekera said the Ceylon Petroleum Corporation (CPC) has informed that 101 fuel station dealers have not placed their orders for Octane 92 Petrol and 61 dealers for Lanka Auto diesel to maintain their stock requirements as of yesterday.

He said last month the CPC took over the management of several fuel stations that had not maintained minimum stocks & begun legal proceedings on several other dealers.

The Minister request all fuel station dealers to maintain adequate stocks and place orders accordingly.

Meanwhile, the Minister said CPC has adequate stocks for delivery.

He said the Ceylon Petroleum Storage Terminals Limited (CPSTL) and CPC plants have 124,690 metric tons of diesel and 5,651 metric tons of super diesel as of 8.30 am today.

Also, they have 19,903 metric tons of Octane 92 and 4,537 metric tons of Octane 95 petrol.

In addition, 26,539 metric tons of jet fuel are in stock.(Darshana Sanjeewa Balasuriya)