Cabinet Spokesman Minister Dullas Alahapperuma says the Cabinet of Ministers did not discuss increasing fuel prices, during the weekly Cabinet meeting held yesterday.
Speaking during the weekly Cabinet decisions media briefing Minister Alahapperuma said however Minister of Energy Udaya Gammanpila has repeatedly inquired into a way forward to resolve the crisis faced by the Ceylon Petroleum Corporation.
Minister Alahapperuma said the Energy Minister is looking into possible measures that can be taken, and is not indicating that fuel prices will be increased.
He further said no decision has been reached to transfer the distribution rights of fuel to a different state and the matter has not been discussed.
He noted that several discussions were held between the Central Bank of Sri Lanka and the relevant officials including Minister of Trade Bandula Gunawardana, regarding ways to move forward, with minimum burden on the public.
When inquired on claims regarding India being given the monopoly of distributing petroleum, as a solution to the foreign reserve crisis, Co-Cabinet Spokesman Minister Ramesh Pathirana said there is no truth to such claims.
He reiterated that no decision has been reached to hand over the monopoly to distribute petroleum to India adding that no discussion was held in this regard.
Minister Pathirana stressed that no such thing will happen in the country.