Category: Petroleum
Russian delegation in Sri Lanka for energy talks; signals fuel supply, fertilizer support, refinery interest
The Ministry of Energy said it is taking all necessary measures to ensure uninterrupted and reliable energy supplies amid disruptions linked to the ongoing conflict in the Middle East. As part of efforts to secure petroleum and coal, a high-level delegation from Russia—a major global energy supplier and longstanding ally—arrived in Sri Lanka on Thursday. […]
EDB Chairman Announces Fast-Track Fuel Supply for Exporters Amid Fuel Shortage
In a critical response to Sri Lanka’s escalating fuel shortages driven by Middle East tensions and QR rationing, Export Development Board (EDB) Chairman Mangala Wijesinghe has highlighted a priority program to ensure exporters receive their essential fuel stocks without delay. Treating the export sector as the nation’s top priority, this government-backed initiative aims to shield […]
Sri Lanka Reintroduces Fuel Rationing via QR Amid Supply Disruptions
The Ministry of Energy has announced the immediate reintroduction of the National Fuel Pass (QR code) system, effective from 6:00 AM on March 15, 2026. The decision follows a surge in domestic demand and ongoing disruptions to Middle Eastern supply routes caused by regional conflict. Government officials stated the move is necessary to manage existing […]
PickMe calls for higher fuel allocations to ride-hailing and taxi services
PickMe has called for higher fuel allocations to ride-hailing and taxi services during rationing periods, arguing that shared mobility maximises scarce resources, sustains daily economic activity, and protects driver livelihoods. Sri Lanka faces renewed global uncertainty over energy supplies. While not a repeat of the recent fuel crisis, the situation highlights the need for efficient […]
India’s top Lube brand Hindustan Petroleum Lubricants arrives in SL with Sea World Lanka
Hindustan Petroleum Lubricants markets more than 450 grades of Lubricants/Greases and caters to many global auto OEMs To offer full range of premium and world class Automotive, Industrial and Marine Lubricants and specialty products Sri Lanka’s lubricants market has been significantly strengthened with the formal entry of HP Lubricants, part of Hindustan Petroleum Corporation Limited […]
‘s First State Visit to China
During President Anura Kumara Disanayake’s four-day state visit to China, Sri Lanka marked a significant milestone by securing the largest foreign direct investment to date, the President’s Media Division said. This achievement was formalized this morning (16) with the signing of an agreement between Sri Lanka’s Ministry of Energy and Sinopec, a leading Chinese international […]
Sri Lanka Uses Tea Exports to Payoff USD 55mn of USD 251mn Iran Fuel Debt – Tea Board
Under the Memorandum of Understanding between Iran and Sri Lanka, Sri Lanka commenced the repayment of its USD 250.9 million fuel debt to Iran through tea exports. “As per the agreement, Sri Lanka aims to settle this debt through tea exports. To date, Sri Lanka has repaid USD 55 million of this debt,” Sri Lanka […]
CPC Management Discuss Implementation Timeline for Reforms
A discussion on the timeline and process for implementing the reforms took place with the senior management of CPC and Refinery yesterday. “The CPC current approved carder & salary structure will also be revised & digital platforms will be introduced for multiple functions & services,” Power and Energy Minister Kanchana Wijesekera said. “Under the CPC […]
‘s first fuel shipment to arrive in Aug
The first fuel shipment of China’s Sinopec, which signed a contract to enter the Sri Lankan fuel market, will arrive in the country early next month, State Minister of Power and Energy D. V. Chanaka stated. Meanwhile, steps will be taken to replace the fuel price formula with a maximum retail price, thereby creating a […]
Sri Lanka signs agreement with RM Parks Inc to ensure uninterrupted fuel supply
In a bid to address the foreign exchange crisis in Sri Lanka and ensure a steady supply of fuel, the Ministry of Power and Energy has taken decisive action. Accordingly, an agreement was signed today at the Presidential Secretariat, between the Government of Sri Lanka and RM Parks Inc., a prominent international company operating in […]
Sri Lanka signs contract with Sinopec to secure a continuous fuel supply
The signing of an agreement with Sinopec, a leading international petroleum company, ensuring a stable and continuous supply of fuel for Sri Lanka took place this morning (22) at the President’s Office. Secretary of the Ministry of Power and Energy Mapa Pathirana and Chen Chengmim, Managing Director of the Fuel Production and Marketing Department of […]
Fuel quota increased from midnight today
President Ranil Wickremesinghe has directed the government to take steps to increase the existing fuel quota from midnight today (04) for the New Year festive season. As previously planned, the Ceylon Petroleum Corporation has ordered and received the required stocks for the increasing fuel requirement for the festival season. Accordingly, the fuel quota for passenger […]