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Fuel distributors agree to new CPC commission formula

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By Rathindra Kuruwita and Chaminda Silva

 Fuel distributors have agreed to the new commission formula introduced by the Ceylon Petroleum Corporation (CPC), Cabinet Media Spokesperson Minister Dr. Nalinda Jayatissa announced at the weekly Cabinet press briefing yesterday (04).

The new formula, which replaces the previous 3% commission payment for fuel sales, has been implemented following discussions between the CPC, fuel station owners, and members of the fuel distributors’ association.

Minister Jayatissa emphasised that the agreement marks a crucial step forward in streamlining fuel distribution and ensuring transparency in pricing mechanisms.

“An agreement has been reached to implement the formula introduced by the CPC. Work will proceed in accordance with that agreement,” Minister Jayatissa said.

He said that fuel distributors have raised several concerns, which will be addressed during a follow-up discussion scheduled for March 18.

The meeting, set to take place in the morning of March 18, will focus on reviewing the new pricing system and discussing proposals from fuel distributors. This review will occur after two weeks of fuel sales under the new mechanism, allowing stakeholders to assess its impact on profits and operational efficiency.

CPC Chairman D.A. Rajakaruna confirmed that fuel sales will continue uninterrupted at all stations. “If any adjustments are required, they can be made after the upcoming discussion,” he said, assuring the public of a smooth transition to the new system.

Chairman of the Fuel Station Owners’ Association Kumar Rajapaksa highlighted that the new formula will be reassessed following the review meeting. “We will evaluate the outcomes and make necessary adjustments to ensure fairness and sustainability for all parties involved,” he added.

Minister Jayatissa reassured the public that there is no fuel shortage or disruption in supply. “The government is committed to ensuring a stable and efficient fuel distribution system. The new formula is a step in the right direction, and we will continue to work closely with all stakeholders to address their concerns,” he said.



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Sun directly overhead Thunukkai, Olumadu, Oddusudan, Kumulamunei, Chemmalei at about 12:11 noon. today [13]

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On the apparent northward relative motion of the sun, it is going to be directly over the latitudes of Sri Lanka during 05th to 14th of April in this year.

The nearest areas of Sri Lanka over which the sun is overhead today (13th) are Thunukkai, Olumadu, Oddusudan, Kumulamunei, Chemmalei at about 12:11 noon.

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Temporally pause rooftop solar during day time from 13th to 21st April -CEB

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The Ceylon Electricity Board has appealed to all rooftop solar owners across the country to voluntarily switch off their solar systems during day time hours (until 3pm each day) from April 13th to 21st to prevent partial power outages or nationwide blackouts which may occur.

 

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Government remains committed to ensuring peace and stability across the country – PM

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The Prime Minister Dr. Harini Amarasuriya stated that the people of Sri Lanka should no longer be burdened by conflict and the Government remains committed to ensuring peace and stability across the country, with the government and the public service must discharge their duties to meet the needs of the people.

The Prime Minister made these remarks while addressing public gatherings held in Velanai, Nallur, and Vadamarachchi.

The Prime Minister said that:

“There are numerous issues regarding infrastructure development in the Northern Province ranging from roads, drinking water supply, agriculture, and unemployment, to education and health sectors.

Many of these development tasks fall under the responsibility of local governments and provincial councils that represents your areas. However, these responsibilities have not been properly discharged.

While it is said that the issues raised in the North and East were caused by the war, 16 years have passed since the end of the war. What real change has taken place? Have the lives of the people in these areas has improved?

Although the central government allocates funds to provincial governing bodies, there should be a transparent mechanism in place to ensure that these funds are properly utilized for the relevant projects.

On May 6th, you will hold the decisive right to elect the local government closest to you that will work to uplift your lives and develop your communities. Elect representatives who are committed to serving the people, and free of fraud and corruption.

The government is actively participating in lifting the country from its fallen state and to overcome the current economic challenges. We accept that there is a long way to go. The prices of goods are still high but the government is currently working towards a change, and the people will receive the benefits in the near future.

Measures have been taken to increase the basic salary of public servants from this year’s Budget. The public service must commit to discharging duties with dedication. This must be not only a people’s government, but also a public service that belongs to the people.

Even after the independence, this country has seen much bloodshed and conflict. The people have suffered greatly as a result. The government is determined to ensure that such a situation never arises again. Therefore, the government is committed to fostering peace within the country.”

The event was attended by Minister of Fisheries  Ramalingam Chandrasekar, along with several Members of Parliament and local representatives in the North.

[Prime Minister’s Media Division]

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