The Ceylon Petroleum Corporation claims that there is no shortage of fuel in the country despite queues at filling stations.
Speaking to NewsRadio, CPC Chairman Sumith Wijesinghe stated that there is a delay in releasing fuel to filling stations due to people lining up in large numbers to obtain petrol and diesel.
Wijesinghe pointed out that the number of individuals visiting CPC filling stations has also increased due to the increase in fuel prices by Lanka IOC recently.
Sumith Wijesinghe noted that the CPC has already procured the fuel stocks needed for the public daily for transportation and also for electricity generation.
He said they will receive additional stocks in the next few days as well.
The CPC Chairman claimed individuals are pumping extra fuel than what they usually obtain for vehicles, owing to fears of more shortages.
He said the fuel queues have reduced considerably at present and expect the situation to return to normalcy in the next few days.
Furthermore, Sumith Wijesinghe said it would be an ideal situation fuel stocks were available at IOC filling stations even after increasing fuel prices.
Wijesinghe claimed some IOC filling stations did not have sufficient fuel stocks in recent days.
He noted what is important, is that filling stations irrespective whether it is IOC or CEYPETCO carrying sufficient fuel stocks in order for the public to purchase fuel.