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Govt. to provide jet fuel to overcome kerosene shortage

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 By Ifham Nizam

The government yesterday undertook to make available jet fuel at the same price as kerosene (Rs. 87 a litre) to overcome the current kerosene shortage.

Energy Ministry Secretary K.R. Olga told The Island that there was no harm in using jet fuel for domestic purposes; internationally the word, kerosene, was not used, she added.

A jet fuel shipment was expected to arrive on 20 Jan., she said, noting that jet fuel was much more expensive and would be processed and sold as kerosene at a loss.

Energy Minister Udaya Gammanpila earlier said that Sapugaskanda Oil Refinery would be closed from Monday (today) due to lack of foreign exchange to purchase crude oil.

The Ministry says the refinery will recommence operations before 30 Jan., as the supplies from the long-time Singapore contractor will begin on 26 Jan. It has assured that there will be no fuel shortage in the country.



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Cabinet approves debt restructuring between Hungarian Export Credit Insurance Private Limited and the Government of Sri Lanka

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The Cabinet of Ministers has approved the proposal presented by the President in his capacity as Minister of Finance, Planning, and Economic
Development, to enter into an agreement on debt restructuring with the Hungarian Export Credit Insurance Private Limited.

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Cabinet approval to conduct the National Productivity Award Competition

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HThe Cabinet of Ministers has approved the proposal presented by the Minister of Industry and Entrepreneurship Development to conduct the
national productivity award competition under the main sectors: school, public, production, and services from the year 2025/26 as a strategic methodology to achieve the objectives of the national project “Clean Sri Lanka” of the present government.

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Amendments to National Transport Commission Act No. 37 of 1991 to be gazetted

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The Cabinet of Ministers granted approval to the resolution furnished by the Minister of Transport, Highways, Ports and Civil Aviation to submit the draft bill of the National Transport Commission Act No. 37 of 1991 to the Parliament after publishing it in the government gazette.

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