Samagi Jana Balawegaya Parliamentarian Patali Champika Ranawaka says the government must call for competitors in the oil industry other than the Indian Oil Company to set up facilities in Sri Lanka.
Speaking to media in Colombo today he explained that it is very beneficial to Sri Lanka if the oil supplier is from a country that produces crude oil.
The MP also proposed to introduce KPIs for the CEB and CPC. He also said the leadership within those institutions will be given to intellectuals.
MP Champika Ranawaka said the efficiency of Sri Lanka’s oil refineries must be increased since we input 100 barrels of crude oil only to produce 38 barrels of fuel in return.
The Parliamentarian was of the view that fuel must be sold to different vehicle types like buses, lorries and fisheries and agriculture sectors, on different days of the week.
He explained that Sri Lanka had 5.4 million vehicles along with the train system used for public transport.
MP Ranawaka pointed out that 5% of commuters were transported via trains which consumed only 1% of the fuel demands.
He also noted that 48% of commuters were transported by buses, which consumed 10% of the fuel demand.
He also encouraged the use of electric vehicles for transportation, and for them to be charged during the night time.
He also called for Ceylon Electricity Board to go for an Initial Public Offering.