Fuel Crisis: Sri Lanka to register consumers for weekly fuel quota

COLOMBO (News 1st); Sri Lanka's Power and Energy Minister said that authorities have no choice by to register consumers at filling station and provide them with a guaranteed weekly quota.

Minister Kanchana Wijesekera said this will be until Sri Lanka is able to strengthen the financial situation, restore 24 Hour Power and a steady Supply of fuel.

"I hope to have this system in place by the 1st week of July," said the Minister on Twitter.

He further noted that until Sri Lanka has an uninterrupted power supply and steady fuel supply, fuel line management will be impossible.

"With the Financial restrictions, CPC imports fuel to manage for a week but some consumers collect Fuel for a month or more for their machinery and generators," remarked Wijesekera on Twitter.

He also added that a 24 Hour Power Supply costs an additional USD 100 million monthly for Diesel, Furnace Oil and Naptha.

He noted that the shortage in Gas supply has increased the demand for Electricity and Kerosine. 

"Monthly Fuel bill that was USD 200 Million 4 months ago is at USD 550 Million at present," he added.