Sri Lanka's Petroleum Minister says no hike in local fuel prices yet

Sri Lanka's Petroleum Minister Susil Premajayantha has said there is no plan yet to increase the local fuel prices in line with the rising global fuel prices.

Sri Lanka Petroleum Ministry to stop providing fuel at subsidized rates to CEB

Sri Lanka's fuel authority, Ceylon Petroleum Corporation (CPC) would not provide fuel to the Ceylon Electricity Board (CEB) at concessionary rates from January 2011, Sri Lanka's Petroleum Ministry has said.

Sri Lankan government may reduce fuel prices

The Sri Lankan government says it is taking measures that would help reducing the fuel prices in the country considerably within the next few months.