header logo
Latest
Letter of Credit opened to purchase 300,000 barrels of petrol
Jun 17, 202211:11 AM
Letter of Credit opened to purchase 300,000 barrels of petrol

The People’s Bank has opened a Letter of Credit (LC) for USD 42.6 million to purchase a shipment of Octane 92 Petrol.

 

As per reports, 300,000 barrels of petrol in total are expected to be purchased through this LC.

 

Meanwhile, Minister of Power and Energy Kanchana Wijesekara had told a media briefing yesterday that petrol volumes can be released to the market by this weekend, it Letters of Credit are opened without delay.

 

 

 

MostRead
Mob
VideoStories
“Preserving the Himalayas, a global responsibility”  Nepal Embassy celebrates Int'l Sagarmatha Day

“Preserving the Himalayas, a global responsibility” Nepal Embassy celebrates Int'l Sagarmatha Day

“Sri Lanka is facing a massive economic crisis” Sajith urges govt. to act decisively (English)

“Sri Lanka is facing a massive economic crisis” Sajith urges govt. to act decisively (English)

"Fuel price hike relatively minor" Consumption must be reduced to prevent further hikes – Minister

"Fuel price hike relatively minor" Consumption must be reduced to prevent further hikes – Minister

Colombo streets illuminated with lanterns and pandols  as Sri Lankans celebrated Vesak festival

Colombo streets illuminated with lanterns and pandols as Sri Lankans celebrated Vesak festival

Derana’s 24-hour ‘Vesak Dansala’ concludes successfully; 40,000 devotees participate in the event

Derana’s 24-hour ‘Vesak Dansala’ concludes successfully; 40,000 devotees participate in the event

“SL must be prepared to implement reforms”; GSP+ facility key for exporters to access EU market

“SL must be prepared to implement reforms”; GSP+ facility key for exporters to access EU market

Fuel prices increased again; Bus operators demand 5% fare hike, Tuk fare also likely to go up

Fuel prices increased again; Bus operators demand 5% fare hike, Tuk fare also likely to go up

Massive turnout as Derana’s 24-hour Vesak Dansala kicks off at Independence Square in Colombo

Massive turnout as Derana’s 24-hour Vesak Dansala kicks off at Independence Square in Colombo

Sri Lankans commemorate Vesak Poya; devotees invoke blessings island-wide

Sri Lankans commemorate Vesak Poya; devotees invoke blessings island-wide

Sarvajana Balaya hosts a dansala in Borella under the patronage of MP Dilith Jayaweera

Sarvajana Balaya hosts a dansala in Borella under the patronage of MP Dilith Jayaweera

Sri Lankans to celebrate Vesak Festival tomorrow with pandals, Dansal and lanterns

Sri Lankans to celebrate Vesak Festival tomorrow with pandals, Dansal and lanterns

Sri Lanka offers a ‘Full Package’ for investors – PM Harini says

Sri Lanka offers a ‘Full Package’ for investors – PM Harini says

Derana’s 24-hour Vesak Dansala to commence tomorrow at Independence Square in Colombo

Derana’s 24-hour Vesak Dansala to commence tomorrow at Independence Square in Colombo

MPs who change political parties do not deserve parliamentary seats – Dy Minister

MPs who change political parties do not deserve parliamentary seats – Dy Minister

Opposition accuses Bribery Comm's DG of overstepping authority, pursuing political agenda

Opposition accuses Bribery Comm's DG of overstepping authority, pursuing political agenda

Ada Derana Sinhala