380 vehicle owners compensated by CPC

380 vehicle owners compensated by CPC

November 8, 2011   04:21 pm

The Ceylon Petroleum Corporation (CPC) has so far compensated 380 motorists, whose vehicles suffered damages after pumping substandard petrol, it was revealed by Petroleum Industries Minister Susil Premajayantha today.

The Minister said this in response to a special statement in Parliament by Chief Opposition Whip John Amaratunga, who also claimed the Global Market had nothing to do with the recent increase in fuel prices.

The UNP Parliamentarian pointed out the import of substandard petrol, the hedging deal and the leak in a pipeline supplying diesel to Kolonnawa as the main three factors behind the fuel price hike.

The Petroleum Minister however denied these allegations and affirmed that the reason fuel prices were increased was due to crude oil prices going up in the global market.

He further stated that the CPC would continue disbursing compensation to vehicle owners affected by the import of substandard petrol. 

CPC Director Champika Amarasekara had previously said that compensation will be provided to 3,000 complaints received and that disbursement of compensation will be completed before the end of November.


Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed Video Stories

Trump Tariff: Exports volume will reduce but real challenge is rates of Sri Lanka's competitors – expert (English)

Trump Tariff: Exports volume will reduce but real challenge is rates of Sri Lanka's competitors – expert (English)

Sri Lanka govt not considering retaliatory measures over Trump's tariff - Presidential Advisor (English)

Sri Lanka's opposition reacts to Trump's announcement on 30% trade tariff (English)

Ceylon Chamber urges continued engagement to secure further US tariff reduction (English)

Trump slashes tariff rate on Sri Lanka to 30% from 44% - But govt, private sector seeks further reduction

LIVE🔴Ada Derana Prime Time News Bulletin 6.55 pm

LIVE🔴 Ada Derana Lunch Time News Bulletin 12.00 pm

Sri Lanka gradually moving toward 5% inflation in coming quarters – CBSL Governor (English)