Forex Shortage forces closure of Sri Lanka’s refinery

Forex Shortage forces closure of Sri Lanka’s refinery

Forex Shortage forces closure of Sri Lanka’s refinery

Written by Teena Marian

07 Oct, 2022 | 9:40 am

COLOMBO (News 1st) – The Sapugaskanda Refinery will be closed from Friday (7) due to shortage in Forex for Crude Oil Cargos, announced Sri Lanka's Power and Energy Minister Kanchana Wijesekera.

He however said that there will be NO shortage in refined products as the Ceylon Petroleum Corporation has adequate stocks of all fuel products. 

The Central Bank of Sri Lanka has made available the weekly Forex requirements for refined products, said Minister Kanchana Wijesekera.

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