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Update on fuel situation

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The Minister of Energy, Kanchana Wijesekera, has stated that the fuel supply will be increased from tomorrow, June 8, 2022, as two ships carrying fuel consignments are expected to arrive in Sri Lanka.
He also stated that the Central Bank has agreed to make payments to these two ships. He further explained that of the 5400 metric tons of diesel and 3400 metric tons of petrol needed for a day, only 3200 MT of diesel and 2,800 MT of petrol are currently being released.
From tomorrow, 5,000 MT of diesel and 3,500 MT of petrol are expected to be released daily to the market.
A sum of Rs. 204 billion is required for its fuel requirements in the month of June. The fuel requirements for this month have been fulfilled via the credit line offered by India, and the fuel requirements for next month will be sorted out via the remaining funds of the Indian credit line.
Approval has been granted to obtain a further US $500 million from India to fulfill the future fuel requirements of Sri Lanka.

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