A cabinet paper will be presented to the Cabinet of Ministers today seeking permission to grant an opportunity to foreign companies to provide fuel to Ceylon Petroleum Corporation-owned filling stations.
Minister of Power and Energy Kanchana Wijesekera said he is hoping to provide the opportunity to companies from fuel producing countries.
He said that Sri Lanka which is facing a foreign exchange crisis should not be burdened further and therefore fuel should be obtained and supplied from parent companies of existing fuel suppliers for a period of six months or a year.
Minister Wijesekera said that if the Ceylon Petroleum Corporation could provide at least 200 of the 1190 filling stations to those companies, the fuel crisis could be resolved and that the Lanka Indian Oil Company had also requested for the establishment of about another 50 filling stations in the country.
