Sri Lanka to use diplomatic channels for petroleum imports

Sri Lanka to use diplomatic channels for petroleum imports

Sri Lanka to use diplomatic channels for petroleum imports

Written by Teena Marian

05 May, 2022 | 9:18 am

COLOMBO (News 1st); The Ceylon Petroleum Corporation (CPC) noted that Diplomatic channels will have to be used for fuel imports after June 2022.

The Chairman of the CPC Sumith Wijesinghe said another $200 Million had been received for fuel imports under the Indian Credit Line.

Meanwhile, another ship carrying 40,000 MT of Petrol from India reached Sri Lanka on Wednesday (4) and the shipment is being unloaded in Colombo.

The Chairman of the CPC said that the stocks of unloaded petrol are being distributed continuously without any interruption.

Meanwhile, the Indian High Commission also issued a Twitter message saying that more fuel would be delivered to Sri Lanka.

Accordingly, the total amount of fuel supplied to Sri Lanka so far under the Indian loan facility is 440,000 MT.

India has so far extended US $500 Million to Sri Lanka for fuel imports.

Hence, the country has already received $400 Million worth of fuel stocks.

Minister of Finance Ali Sabri, PC said in Parliament yesterday (4) that another US $500 Million has been requested under the Indian Credit Line to import fuel until June 2022.

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