The Lankan Indian Oil Company says it is committed to meet the energy demand of the Sri Lankan public.
Yesterday, Minister of Power and Energy Kanchana Wijesekera said that they have made a special request from the Lanka Indian Oil Company to release additional stocks of petrol to the market owing to the limited stocks available with the Ceylon Petroleum Corporation.
The Minister said LIOC is able to release additional petrol stocks by utilizing nearly 10,000MT of petrol currently held at the Trincomalee Terminal.
Minister Wijesekera noted that at present, the company releases around 300MT of petrol to IOC filling stations but a request has been made to release around 1,000MT petrol stock daily in the next few days.
Accordingly, Managing Director of LIOC Manoj Gupta said they released 23 bowsers of fuel to the market last afternoon from the Trincomalee Terminal.
He said the fuel bowsers will provide stocks predominantly to filling stations in Colombo.
Minister of Energy Kanchana Wijesekera said they are hoping to manage the petrol stocks with the support of Lanka IOC in the next few days.
