New grade of petrol to be introduced
Petroleum and Renewable Energy Minister Arjuna Ranatunga said his ministry was set to introduce a lower grade of petrol targeting small vehicles.
The move is aimed at softening the blow of rising fuel prices on small vehicles owners, especially three wheelers and motorbikes, the Minister revealed.
“We were compelled to increase the price of fuel recently but I’m aware of the issues this has caused the public. We are carrying out new experiments to give benefits to the public. We have decided to introduce a new type of petrol for the benefit of trishaws and motorists,” Ranatunga said.
The Government, which has been under fire for increasing fuel prices, is now engaged in testing out new avenues to reduce prices.
Ceylon Petroleum Corporation (CPC) Chairman Dhammika Ranatunga said...


