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No fuel hike

No decision has been taken to increase fuel prices in CEYPETCO fuel stations, Ceylon Petroleum Corporation (CPC) Chairman Dhammika Ranatunga said.

However, the Lanka Indian Oil Corporation (LIOC) functions in the Sri Lankan petroleum market increased the price of a litre of petrol by Rs. 9 and a liter of diesel by Rs. 5 with effect from midnight Friday (23). Following the increase the price of 92 octane petrol is Rs 126 while the price of Auto Disel is Rs 100 at the LIOC fuel stations while the price of 92 octane petrol is Rs 117 while the price of Auto Disel is Rs 95.

The media witnessed the number of vehicles showed up at the CPC fuel stations yesterday was comparatively high to the previous days. However responding to a query by media during a press conference on Thursday Petroleum Resources Minister Arjuna Ranatunga said that there were requests from the LIOC to increase the fuel prices on several occasions.