Ceypetco fuel price revision expected after LIOC s move

INSUBCONTINENT EXCLUSIVE:
Energy Minister Gamini Lokuge says the Ceylon Petroleum Corporation (Ceypetco) does not intend to increase fuel prices at the moment.His
year.The rates went up by Rs
49.00 with effect from midnight yesterday (March 25).Accordingly, the price of 92 Octane Petrol, which was previously at Rs
254, now stands at Rs
303 per litre.Meanwhile, the rates of 95 Octane went up from Rs
283 to Rs
332 per litre
The price of XtraPremium Euro 3 Petrol was increased from Rs
263 to Rs
312 per litre.Lanka IOC said it is compelled to raise the petrol prices due to the unwanted conditions caused by the currency depreciation
and soaring rates in the global market.According to a statement issued by the company, the prices of diesel will remain unchanged.
This article first appeared/also appeared in https://adaderana.lk