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Petrol price jacked up to cover losses due to demurrage – official

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By Shiran Ranasinghe

The price of petrol had been increased by Rs 30 recently mainly to cover the losses due to late payments for oil shipments, a senior Ceylon Petroleum Corporation official told The Island. The CPC has been making profits since the prices of fuel were increased, but it still has some expenses that makes it bleed money, he said.Around 70 percent of petrol and diesel were not refined here, he said.

“When we import petrol and diesel we have to pay demurrage, late fees, port charges and shipping charges. To meet these expenses, the CPC has been compelled to increase petrol price Rs 30,” he said, adding that in July 2022, the price of a barrel of petrol was USD 159 and it had dropped to USD 105 dollars. However, the price had gone up by USD 2.5 dollars in January compared to December 2022, he said.

Meanwhile, Chaminda Hettiarachchi, Additional Secretary to the Ministry of Power, said that the price had been increased according to the price formula for fuel.Media spokesperson of the Samagi Trade Unions Collective, Ananda Palitha, said that if the price had been increased due to the price formula, prices of other types of fuel, too, should increase.

Palitha said the CPC had earned a profit of Rs. 8 billion in 2022 and bonuses to the tune of Rs. 2.2 billion in December 2022.

“Right now, the CPC makes a 75-rupee profit from selling a litre of petrol, 60 rupees from diesel and 155 from kerosene. The CPC has to pay one billion rupees to banks. All these expenses are now passed on to the people,” he said, adding that if the Sapugaskanda Oil Refinery had been developed, the CPC would have been able to make bigger profits.

“It’s cheaper to import crude oil. The tankers are large, and we can bring in larger quantities at once. Also, the byproducts of refining can be used for many productive activities. This is what we have to do,” he said.



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Landslide Early Warnings issued to the Districts of Kurunegala and Ratnapura

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The National Building Research Organisation (NBRO) has issued Landslide Early Warnings to the Districts of Kurunegala and Ratnapura effective from 16:00 hrs on 23.04.2026 To 16:00 hrs on 24.04.2026

Accordingly,

Level 1 landslide early warnings have been issued to the Divisional Secretaries Divisions and surrounding areas of Rideegama in the Kurunegala district and Kuruwita, Kalawana, Ratnapura, Nivithigala, Pelmadulla and Eheliyagoda in the Ratnapura district.

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Advisory for Severe Lightning issued for the Western, Sabaragamuwa, Central, North-western, North-central, Southern, Uva provinces, and Ampara and Batticaloa districts

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Advisory for Severe Lightning
Issued by the Natural Hazards Early Warning Centre of the Department of Meteorology
Issued at 12.00 noon 23 April 2026 valid for the period until 11.30 p.m. 23 April 2026

Thundershowers accompanied with severe lightning are likely to occur in the Western, Sabaragamuwa, Central, North-western, North-central, Southern, Uva provinces, and in Ampara and Batticaloa districts after 1.00 p.m.

There may be temporary localized strong winds during thundershowers. General public is kindly requested to take adequate precautions to minimize damages caused by lightning activity.

ACTION REQUIRED: 
The Department of Meteorology advises that people should:
• Seek shelter, preferably indoors and never under trees.
• Avoid open areas such as paddy fields, tea plantations and open water bodies during thunderstorms.
• Avoid using wired telephones and connected electric appliances during thunderstorms.
• Avoid using open vehicles, such as bicycles, tractors and boats etc.
• Beware of fallen trees and power lines.
• For emergency assistance contact the local disaster management authorities.

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Compensation payments and reconstruction activities related to the Ditwah relief measures must be expedited with special attention at the district level – PM

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Prime Minister Dr. Harini Amarasuriya emphasized that compensation payments and reconstruction activities related to the Ditwah relief measures must be expedited with special attention at the district level. She further stated that all necessary allocations have already been made to Provincial Councils and instructed that the progress of disaster damage assessments and reconstruction efforts be closely monitored at the provincial level.

The Prime Minister made these remarks at a discussion held on Tuesday  (21) at Temple Trees under her patronage, aimed at informing Chairpersons of District Coordination Committees and public representatives from disaster-affected districts, in order to accelerate the implementation of the “Rebuilding Sri Lanka” programme. The discussion focused on expediting disaster relief and compensation payments, as well as the swift restoration of infrastructure damaged by the disaster.

The Prime Minister emphasized that Rs. 500 billion has been allocated for damages caused by the Ditwah cyclone, and that all relevant development activities must be completed before the end of 2026. The Prime Minister also instructed officials to pay special attention to resolving issues at the local level that are causing delays in compensation payments.

Senior Additional Secretary to the President, G.M.R.D. Aponsu, stated that the estimated cost for reconstruction following the Ditwah cyclone is approximately USD 3.4 billion. Accordingly, funds have been allocated for compensation across several sectors including housing and social infrastructure, agriculture and livestock, fisheries, industry and livelihoods, and irrigation. He further noted that 99% of the Rs. 25,000 allowance has already been disbursed, while 95% of the Rs. 50,000 resettlement allowance has been paid. Compensation for fully and partially damaged houses is still ongoing, and 99% of temporary relief centres have been closed.

Additionally, attention was drawn to several other measures, including providing Rs. 25,000 to affected schoolchildren, paying Rs. 1 million as compensation for each deceased individual, compensation for children who lost one or both parents, support for persons with disabilities affected by the disaster, compensation for agricultural losses, and expediting resettlement of displaced families. Measures such as allocating land for new housing construction and accelerating the issuance of reports from the National Building Research Organization were also discussed.

Focus was also placed on the reconstruction of affected schools, hospitals, and daycare centres, improving the accuracy and speed of data collection at the local level, and accelerating infrastructure development.

The event was attended by Minister of Plantation and Community Infrastructure Samantha Vidyarathna,  Minister of Public Administration, Provincial Councils and Local Government Dr. Chandana Abayarathna,  Deputy Minister of Agriculture and Livestock Namal Karunaratne,  Deputy Minister of Trade, Commerce, Food Security and Cooperatives R.M. Jayawardena,  Deputy Minister of Education Dr. Madhura Senevirathna,  Members of Parliament,  Chairpersons of District Coordination Committees,  Chief of Staff to the President and Commissioner General of Essential Services Prabath Chandrakeerthi, Additional Secretary to the President Jayantha Bandara; and officials of the Prime Minister’s Office.

[Prime Minister’s Media Division]

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