Fuel prices may have to be increased based on the prevailing situation in Sri Lanka, the Ceylon Petroleum Corporation (CPC) announced today.
CPC Chairman Sumith Wijesinghe revealed that the Ceylon Petroleum Corporation has suffered a loss of Rs. 70 billion by the 31st of August 2021.
Addressing the media today, he said as a result of the losses incurred by the CPC, there is no other option but to increase fuel prices.
Sumith Wijesinghe further said Minister Udaya Gammanpila, who is the subject Minister, has been informed in this regard. (NewsWire)