Fuel imports have to be restricted in next 12 months due to forex issues - Minister

Fuel imports have to be restricted in next 12 months due to forex issues - Minister

July 25, 2022   05:14 pm

Minister of Power and Energy Kanchan Wijesekera says that the ‘QR Code’ system was introduced since the country’s daily fuel demand cannot be fulfilled. 

Due to foreign exchange issues, fuel imports have to be restricted in the next 12 months, he said in a tweet. 

He also said that the Ceylon Petroleum Corporation (CPC) has never distributed fuel daily to every single fuel station and that is “practically not possible even when stocks are unlimited.”

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

🔴LIVE | Ada Derana Lunch Time News Bulletin 12.00 pm

🔴LIVE | Ada Derana Lunch Time News Bulletin 12.00 pm

President AKD assures country will not face another economic collapse like in 2022 (English)

Opposition parties convene to discuss rising economic pressure from rupee depreciation (English)

Opposition requests for an all-party conference to discuss current economic concerns (English)

Ada Derana Lunch Time News Bulletin 12.00 pm

Prices of imported items could rise by 25% amid rupee depreciation: CLA (English)

Govt. to prioritise rural roads, drinking water supply and waste management in next budget (English)

Govt says exchange rate fluctuations can't be controlled overnight; Opp. warns of interest rate hike (English)