Tag: fuel

Champika-Ranawaka

“No fuel shortage in Sri Lanka” Minister

Jun 06, 2015 (LBO) – Sri Lanka’s Power and Energy Minister said that there is no fuel shortage in the Island and that adequate stocks are available. Issuing a statement Minister Champika Ranawaka denied that there is any fuel shortage at the 1,186 pumping stations across the Island. “Supply shortages might hit IOC outlets on […]

IOC

Sri Lanka’s IOC unit records 1.06 billion loss in March 2015

May 19, 2015 (LBO) – Lanka IOC, a unit of Indian Oil Company reported 1.06 billion rupees loss in March 2015 against 722 million rupees profit reported last year, interim accounts showed. In the year to March profits were down to 1.8 billion rupees from 4.8 billion rupees a year earlier. The firm reported negative […]