Common fuel pricing formula to be introduced for LIOC and CPC

INSUBCONTINENT EXCLUSIVE:
Minister of Energy and Power Kanchana Wijesekera says a common fuel pricing formula for Lanka IOC and the Ceylon Petroleum Corporation (CPC)
will be introduced in the future.In his first address in the parliament today (April 19) as the Energy and Power Minister, the lawmaker said
an agreement in this regard was reached with Lanka IOC in a discussion held yesterday.Speaking on the recent fuel price hike by the CPC
corporation.Taking to his official Twitter account, Minister Wijesekara said the Energy Ministry will give priority to procuring fuel
timely, making fuel widely available and introducing a fuel pricing formula.With regard to the Ministry of Power, the priorities will be to
make adequate fuel available for power generation, restore uninterrupted power supply, speed up work on expansion projects and renewable
receive the support of anyone who can contribute to rectify the Power and Energy crisis we face today and to implement a solid plan for the
future.
This article first appeared/also appeared in https://adaderana.lk