The Sri Lanka Petroleum Private Tanker Owners’ Association has withdrawn from services to distribute fuel for the Ceylon Petroleum Corporation from midnight yesterday.
The Association withdrew from distribution services due to the failure of the CPC management to respond to a request to increase transport fares for fuel distribution by 60 percent.
Private Tanker Owners requested the CPC to increase transport fares by 60 percent due to the increase in fuel prices and the value of the dollar rising.
The Association added several matters including the 75 percent increase in prices of lubricant and the increase in tyre prices also contributed to the decision.
It is reported that around 800 private tankers are currently engaged in distribution of fuel for the CPC.