Connect with us

News

Low quality crude has resulted in 22% drop in diesel production

Published

on

By Shiran Ranasinghe

Diesel production at the Sapugaskanda Oil Refinery has dropped by 22% due to the low quality of crude oil imported through Coral Energy Company, a senior CPC official said.

Senior CPC officials had repeatedly asked the Ministry of Power not to import crude or refined oil through Coral Energy.

The CPC official said that Sri Lanka paid a higher amount for Coral Energy than other suppliers.

“The Minister and the Ministry insist that we pay more because established companies don’t want to work with us. However, we pay most of these shipments before they are unloaded. The government is using the crisis to make a profit,” he said.

The CPC official said that the current crude oil produces more furnace oil, compared to the oil previously used.

“Different crude produces various fuels in different quantities. This crude produces more furnace oil that can be used for electricity generation. The demand for furnace oil is now low because we produce more electricity through hydro power,” the official said.



Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

IGP Deshabandhu Tennakoon informed to be present before the Committee of Inquiry on 19th May

Published

on

By

[file pic]

IGP T.M.W. Deshabandhu Tennakoon has been informed to be present before the ‘Committee of Inquiry to inquire and report its findings on IGP T.M.W. Deshabandhu Tennakoon in respect of acts of gross abuse of power’ on the 19th of May 2025.

This Committee met in the Parliament premises on several occasions as of now, and accordingly, for the first time, IGP T.M.W. Deshabandhu Tennakoon has been informed by the Committee, to appear before it,  for future investigations.

Continue Reading

News

UNESCO Director General candidate Dr. Khaled El Enany meets Deputy Speaker of Parliament of Sri Lanka

Published

on

By

Dr. Khaled El Enany – the UNESCO Director General Candidate of the Arab Republic of Egypt met with the  Deputy Speaker of Parliament of Sri Lanka Dr. Risvie Salih at the  Parliament premises recently (May 05).

During the meeting, both parties reaffirmed the long-standing and cordial bilateral relationship between Egypt and Sri Lanka, emphasizing their shared commitment to further strengthening ties in areas of mutual interest. Dr. El Enany outlined his vision as a candidate for UNESCO leadership, highlighting his dedication to fostering cultural collaboration and understanding among nations.  Dr. Risvie Salih also highlighted Sri Lanka’s non-aligned foreign policy and long-standing relationship with Egypt.

The meeting was also attended by  the Ambassador of the Arab Republic of Egypt to Sri Lanka, and Chaminda Kularatne, Chief of Staff and Deputy Secretary General of Parliament of Sri Lanka.

Continue Reading

News

Samantha Ranasinghe sworn in as a Member of Parliament

Published

on

By

Samantha Ranasinghe was sworn in today (May 08) before the Speaker, Dr. Jagath Wickramaratne, as a Member of the Tenth Parliament.

Following the oath and affirmation before the Speaker, he signed the Members’ Roll placed before the Secretary General of Parliament, Mrs. Kushani Rohanadeera.

Member of Parliament Samantha Ranasinghe has been thus appointed to fill the vacancy created due to the demise of Kosala Nuwan Jayaweera, who served as a Member of Parliament from the Kegalle District representing the National People’s Power.

Continue Reading

Trending