Udaya Gammanpila, Minister of Energy has informed Finance Minister Basil Rajapaksa that a continuous supply of fuel can only be guaranteed for the next two months.
Therefore, he has requested the Minister of Finance to find a solution to the fuel price crisis Energy Minister Gammanpila has stated that the CPC will face financial difficulties in importing fuel if no solution is found.
He also said that a continuous supply of fuel can be guaranteed only until next January and pointed out that a tax relief or price revision for imports could be the solution to these problems.
The Minister said that if the Ceylon Indian Oil Company increases prices, it will affect the CPC and then the CPC’s losses will increase due to the CPC’s fuel price hike to more customers.
