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Sri Lanka: Fuel problem may be resolved soon, petrol price crosses Rs 470 per liter

Sri Lanka Crisis: Sri Lanka, which is facing economic crisis, may soon get relief from the lack of fuel. The chairman of Lanka IOC, a subsidiary of Indian Oil Corporation, said on Saturday that Sri Lanka will receive two consignments of fuel this month and another consignment in August.

Petrol became costlier by Rs 50
Let us tell you that the prices of petrol and diesel in Sri Lanka have reached the sky. A few days ago, the price of petrol in Sri Lanka has been increased by 50 Sri Lankan rupees and diesel by 60 Sri Lankan rupees.

1 liter petrol Rs 470
With this increase, the price of petrol has gone up to 470 Sri Lankan rupees per liter and diesel to 460 Sri Lankan rupees per liter. Significantly, Sri Lanka is facing an unprecedented economic crisis and there is a severe shortage of essential commodities including fuel.

Only essential services are operated
The Sri Lankan government said on Monday that only essential services would operate from midnight to July 10 and all other operations would be temporarily suspended. The decision was taken due to insufficient supply of fuel.

Will get fuel consignment soon
News portal Economy Next quoted Lanka IOC chairman Manoj Gupta as saying that two consignments of fuel are expected to arrive on July 13-14 and between July 28 and 30. Each ship will carry 30,000 metric tons of fuel. Gupta said another consignment is scheduled to arrive on August 10. He said that all these consignments will come from Singapore and UAE.

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