Categories: Articles

LNP – Revise fuel transport formula; if not fuel distribution will be stopped: SLPPTOA

The Sri Lanka Petroleum Private Tanker Owners’ Association (SLPPTOA) said that they need to revise the fuel transport formula within two days and said if not, they will refrain from carrying out their services.

They stated the transportation formula should be revised to account for the 60% increase in transportation costs caused by the CYPETCO fuel price increase.

Some 800 bowsers are operating in fuel distribution around the country, while CYPETCO has 70 to 80 bowsers, he said.

According to them, the sudden increase of fuel by CYPETCO, the prices of lubricants, tyres, tubes, batteries, vehicle service charges, vehicle spare parts, and employees salaries to have shot up.

90% of the members have decided to stop the fuel distribution.

The association claimed they were unable to get diesel, even for their bowsers for fuel distribution, the association said.

However, it requested their members to continue with the service for two days until the fuel transport formula is amended.

Tyronne Jayamanne

View Comments

Recent Posts

LNP – World’s first wooden satellite, developed in Japan, heads to space

The world’s first wooden satellite, built by Japanese researchers, was launched into space on Tuesday,…

12 hours ago

LNP – Immigration proposes to link up with hotels to track down tourist information

The Department of Immigration and Emigration has proposed to link up with the tourist hotels…

20 hours ago

LNP – Government will take legal action if rice not sold at controlled prices: President

Claiming that the government had held discussions with rice millers on the prices of rice,…

20 hours ago

LNP – Sri Lanka scraps CEB privatization plan

The Board of Directors of the Ceylon Electricity Board (CEB) has officially shelved its privatization…

20 hours ago

LNP – Online token system for collecting passports effective from Wednesday

A new online method has been introduced for the collection of passports, according to the…

20 hours ago

LNP – Over 1,500 complaints ahead of 2024 General Election

The number of complaints received by the Election Commission regarding the 2024 Parliamentary Poll has…

20 hours ago