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LIOC seeks to expand operations

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by Ifham Nizam

Power and Energey Minister Kanchana Wijesekera yesterday revealed that Lanka Indian Oil Company (LIOC) had asked for permission to set up 50 new filling stations in the country and take over a certain number of petrol sheds currenlty under the Ceylon Petroleum Corporation (CPC). The government had asked the LIOC to increases the supply of fuel, in case Sri Lanka agreed to the Indian proposal,Wijesekera added.

Sri Lanka was facing daunting challenges as regards fuel distribution and it might not be able to get rid of fuel queues anytime soon, Minister Wijesekera said.Speaking to journalists yesterday, in Colombo, Wijesekera said that plans were underway to introduce a token system for fuel dispensation.He said the new scheme could come into effect from today (27) and the Police, and the armed forces will help implement it.

He also said that four separate groups from the Ministry were working on petrol, diesel, crude / furnace oil, and jet fuel imports. “We asked Lanka IOC to increase fuel supply and CEYPETCO to purchase diesel from them. But they asked for a price revision before that according to the pricing formula. That’s why we revised the price in a situation where there was no fuel in the country.”

The moves came as the government increased fuel prices with effect from the wee hours of Sunday wee hours. Petrol (Octane 92) now sells at Rs 470 per litre and Octane 95 at Rs. 550 per litre. Auto Diesel sells at Rs 460 per litre and Super Diesel at Rs 520 per litre.The Minister said they were working on 130-plus proposals for fuel delivery to Sri Lanka.

“USD 500 million is something that Sri Lanka cannot afford at this juncture. Therefore, consumption will have to be slashed, and fuel for public transport prioritized. Two ministers will fly to Russia today for discussions on fuel and related matters,” he said.The Minister said that bunker suppliers had been granted permission to deliver fuel for industries that deal in US currency.

He also said that overseas fuel companies based in countries that produce fuel, would be invited to set up business in Sri Lanka, as the CPC alone could not import fuel.

He said the CPC would become a more service-provider-based institution to facilitate fuel imports, and it had 9000 MT of diesel and the IOC 10,000 MT while the CPC had about 6000 MT of Petrol and the IOC about 8000 MT, of petrol.He said the IOC was issuing about 300 MT a day and their next shipment was due only after 10 July.



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“ViYASA” National Business Facilitation Centre (NBFC) to be opened tomorrow (22)

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The National Business Facilitation Centre (NBFC), which is being established under the Presidential Secretariat with the aim of removing administrative and regulatory barriers that exist among government institutions in relation to investment and industry and expediting these processes, will be opened tomorrow (22).

The centre is being established on the President’s initiative with the aim of bringing about a positive transformation in the industrial sector. The centre will provide solutions to issues that arise in dealing with the government machinery when starting and operating a business, while also coordinating with the relevant government institutions to provide the necessary facilities.

The “ViYASA” National Business Facilitation Centre (NBFC) has been established at Building C-80, Hector Kobbekaduwa Mawatha, Colombo 07, and is headed by Senior Additional( Secretary to the President, Seevali Arukgoda.

The centre will be opened under the patronage of Minister of Labour and Deputy Minister of Finance and Planning Dr Anil Jayantha Fernando and Minister of Industry and Entrepreneurship Development Sunil Handunnetti, with the participation of Secretary to the President Dr Nandika Sanath Kumanayake.

The website https://nbfc.presidentsoffice.gov.lk is also scheduled to be officially launched on the occasion.

President’s Media Division)

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Court of Appeal Judge M. Sri Mevan Anthony Edirimannasuriya Corea appointed as Acting President of the Court of Appeal

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President Anura Kumara Dissanayake has appointed Court of Appeal Judge Mayadunna Sri Mevan Anthony Edirimannasuriya Corea as the Acting President of the Court of Appeal.

The appointment has been made as President’s Counsel Nalin Rohantha Abeysuriya, who currently serves as President of the Court of Appeal, will be overseas until the 24th.

Accordingly Judge  Mayadunna Corea was sworn in as Acting President of the Court of Appeal before President Anura Kumara Dissanayake at the Presidential secretariat this morning (21).

Secretary to the President Dr Nandika Sanath Kumanayake was also present at the occasion.

(President’s Media Division)

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President instructs expediting further measures concerning Sivarasa Anojan, sentenced to death in Saudi Arabia

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A discussion to review the further measures that could be taken regarding Sivarasa Anojan, a young Sri Lankan national who has been sentenced to death in Saudi Arabia, was held at the Presidential Secretariat this afternoon (21), under the patronage of President Anura Kumara Dissanayake.

The discussion focused on the measures taken to date concerning Sivaraasa Anojan and the further diplomatic and legal steps that could be pursued. Attention was also given to expediting the necessary further measures that could be taken to secure his release.

President Anura Kumara Dissanayake instructed officials to continue the necessary diplomatic engagement with the relevant authorities in Saudi Arabia and to maintain close and continuous involvement in all further measures concerning the case.

Reaffirming the Government’s continued attention to the safety and welfare of Sri Lankans living and working overseas, the President also stressed the need for the relevant ministries and institutions to work in close coordination and pursue all possible measures that could be taken in connection with the case.

Deputy Speaker Rizvie Salih, Deputy Minister of Religious and Cultural Affairs Muneer Mulaffer, Governor of the Western Province Hanif Yusoof, Secretary – Ministry of Foreign Affairs, Foreign Employment and Tourism Aruni Ranaraja, Secretary to the Ministry of Defence Air Vice Marshal Sampath Thuyacontha (Retd), Attorney General Parinda Ranasinghe and officials of the Ministry of Foreign Affairs, Foreign Employment and Tourism were also present at the discussion.

(President’s Media Division)

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