The Fuel Distributors’ Association said that existing fuel stocks at filling stations would last until Monday (3) morning, following the suspension of fuel ordering activities last night.
No new orders have been placed with the Ceylon Petroleum Corporation (CPC) since then for tomorrow’s fuel distribution. However, the association’s central committee has scheduled a discussion this evening and plans to gather at the Presidential Secretariat for a protest.
The decision follows the Ceylon Petroleum Corporation’s (CPC) move to abolish the 3% discount currently offered to distributors and implement a new payment formula, effective tomorrow, the association said.
The association also announced that fuel ordering will cease from midnight yesterday (28). While distribution of existing reserves will continue, no new orders will be placed, leading to a complete fuel shortage at filling stations by Monday (March 3).
Additionally, the association has decided to halt post-payment fuel supplies to government institutions. Previously, entities like police departments and hospitals were allowed to settle bills after one or two months, but as of yesterday, no fuel will be supplied on credit.
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