News
Unions predict end of energy sovereignty
By Rathindra Kuruwita
A government decision to allow all privately-owned bunker fuel operators to import and distribute diesel and fuel oil to various industries was a rollback of the nationalisation of the country’s petroleum industry and another severe blow to energy sovereignty of the country, trade union activist of the SJB Ananda Palitha said yesterday.Earlier, Minister of Power and Energy, Kanchana Wijesekera Tweeted that ‘approval was given to all the Private Bunker Fuel Operators to Import and provide Diesel and Fuel Oil requirements of Industries to function their Generators and Machinery. This will ease the burden on CPC and Fuel Stations provided in bulk’.Commenting on the decision, Palitha said that according to the existing law those companies only had the power to import, store and distribute fuel for ships. Those companies did not have the authority to distribute fuel inside the country, Palitha said.
“Only the Ceylon Petroleum Corporation (CPC) and Lanka Indian Oil Corporation (LIOC) can distribute fuel inside the country. There is a controversy about the licence given to the LIOC as well. If the government wants other companies to import fuel, it needs to change the laws. The Minister does not have the power to make these decisions. A few months ago the Gotabaya Rajapaksa administration used to rush Bills that adversely affected the country through Parliament. Now, since they don’t have a majority in parliament, they are using the Cabinet to make decisions that are detrimental to the country’s interests.”
Palitha said that the controversial government move would further weaken the CPC, and that the ultimate aim of the Rajapaksa-Wickremesinghe government was to make the Ceylon Electricity Board (CEB) purchase fuel from private distributors. With a weakened CPC and a CEB under the mercy of private companies, the Sri Lankan state would have little control over the country’s energy sector, he warned.
“The CEB already can’t pay the CPC, and therefore how can it pay private companies? It will have to sell its assets. This is another step in the road to fully privatise the energy sector. When this happens no government will be able to control inflation or strategically drive production through fuel and energy tariffs. The people will be at the mercy of businessmen and the government will only be a bystander,” he said.
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IMF Executive Board approves US$206 Million in Emergency Financial Support for Sri Lanka
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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Landslide early warnings issued to the districts of Badulla, Kandy, Kurunegala, Matale and Nuwara-Eliya extended till 8AM on Sunday (21)
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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