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CPC perturbed by LIOC failing to play a bigger role to resolve fuel crisis

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By Shiran Ranasinghe

The Ceylon Petroleum Corporation is perturbed by the failure of Lanka Indian Oil Corporation (LIOC) to play a bigger role in resolving Sri Lanka’s fuel shortages.A senior CPC official told The Island that LIOC controlled one third of the retail fuel distribution and it could import larger quantities of oil through the Trincomalee terminal.

However, the company had shown little interest in expanding retail fuel distribution, the official said. “In fact, they have been limiting retail operations for some time,” he said.Out of the 1190 gas stations in the country, LIOC operates about 250.

India has given Sri Lanka credit lines worth 700 million dollars to import fuel. However, if LIOC imported more fuel to Sri Lanka it wouldn’t have to rely on foreign credit for fuel imports, he said.



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IMF Executive Board approves US$206 Million in Emergency Financial Support for Sri Lanka

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The IMF Executive Board approved emergency financing under the Rapid Financing Instrument (RFI),  providing Sri Lanka with immediate access to SDR 150.5 million (about US$206 million,
equivalent to 26 percent of quota) to help Sri Lanka address the urgent needs arising from the catastrophic Cyclone Ditwah and preserve macroeconomic stability.

 

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Navy clears major bridge obstructions in Peradeniya and Lewella

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In response to severe weather impacts, the Sri Lanka Navy conducted a diving and technical assistance operation on Friday (19 Dec 25) to clear major debris obstructing vital infrastructure.

Heavy rainfall caused a significant rise in the water level of the Mahaweli River, washed  large quantities of debris, including logs and bamboo, downstream. These  remain lodged in the Diyakapanathota in Gatambe, Peradeniya and Lewella bridges, obstructing the smooth flow of water.

Acting promptly upon request, a Navy diving team executed a coordinated operation in collaboration with the Road Development Authority. The team removed the accumulated debris, restoring normal water flow through the bridges.

 

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Landslide early warnings issued to the districts of Badulla, Kandy, Kurunegala, Matale and Nuwara-Eliya extended till 8AM on Sunday (21)

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The Landslide Early Warning Centre of the National Building Research Organization (NBRO) has extended the Landslide Early Warning issued to the districts of Badulla,  Kandy,  Kurunegala,  Matale and Nuwara-Eliya till  08:00AM on Sunday (21st December 2025)

The LEVEL III RED landslide early warnings issued to the Divisional Secetaries Divisions and surrounding areas of Medadumbara, Doluwa, Ududumbara and Minipe in the Kandy district,  and Nildandahinna, Hanguranketha, Mathurata and
Walapane have been extended.

LEVEL II AMBER   landslide early warnings have also been issued to the Divisional Secetaries Divisions  and surrounding areas of Soranathota, Hali_Ela, Passara,  Meegahakivula, Badulla, Lunugala and  Kandeketiya in the Badulla district,  Thumpane, Harispattuwa, Udapalatha, Kundasale, Akurana, Poojapitiya, Udunuwara, Pathadumbara, Pasbage Korale, Gangawata Korale, Hatharaliyadda, Yatinuwara, Ganga Ihala Korale, Panvila, Pathahewaheta and Deltota in the Kandy district,  Rideegama in the Kurunegala district,  Ukuwela, Naula, Matale, Ambanganga Korale, Rattota, Pallepola, Wilgamuwa, Yatawatta and Laggala Pallegama in the Matale district,  and Nuwara-Eliya in the Nuwara-Eliya district.

LEVEL I YELLOW landslide early warnings have been issued to the Divisional Secetaries Divisions and surrounding areas of  Uva Paranagama, Welimada, Haputhale, Haldummulla, Ella and
Bandarawela in the Badulla district, Alawwa, Mallawapitiya,
Polgahawela and Mawathagama in the Kurunegala district,  and Kothmale East, Ambagamuwa Korale, Kothmale West, Thalawakele and Norwood in the Nuwara-Eliya district.

 

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