Friday, March 13

Tag: Cepetco

Petroleum: Another crisis after another
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Petroleum: Another crisis after another

BY Shonel Perera The petroleum crisis in Sri Lanka during the past few days had the country go wild with vehicles filling up the sides of streets and causing much chaos across the country.   No one, however, knew the real reason behind the issue that had the country on it’s toes.   Sources say that a shipment of Fuel belonging to the Indian Oil Corporation was brought into Sri Lanka on October 15 and that the shipment was supposed to be the next batch of refills for fuel stations across the country.   However, the shipment was rejected as it was not of proper, suitable standards for distribution.   “a shipment of fuel imported by Lanka IOC, proved to be of substandard quality and was therefore not unloaded” – statement by Arjuna Ranatunga – th...