All Cipetco filling stations in Sri Lanka are about to close

The Oil Separators Association states that due to the new regulations imposed by the oil corporation to pay hand money for getting fuel, it has become impossible to maintain the filling station that receives fuel from the oil corporation.

Its secretary, Mr Kapila Naotunna, said that he was in dire straits due to the increase in loan interest for overdraft facilities issued by banks to 34%.

He also said that this has also been affected by the lack of sufficient fuel stocks at Sipetco filling stations and the corporation’s failure to issue fuel in accordance with the code system.

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