The Sri Lanka Petroleum Private Tanker Ownersâ 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.
The Deputy Ministers of the new National People’s Power (NPP) government have been sworn in…
SriLankan Airlines has won the prestigious 2025 APEX Best Entertainment Award in Central/Southern Asia at…
President Anura Kumara Dissanayake declared that will be no room for racial politics of religious…
Sri Lanka Tourism is set to unveil a unified national brand in January instead of…
The government has set its sights on an ambitious annual export revenue target of US…
According to the new government policies, higher priority has been given to education, and school…
View Comments
Repurcussions of privatization in 1977by JR