June 17, 2022

Sri Lanka left with fuel stocks for 5 days: Minister

Sri Lanka’s fuel stocks will last for about five more days, its power and energy minister said on Thursday. Chronic fuel shortages have worsened this week with long lines at some gas stations countrywide. The stocks cover fuel for vehicles, some industries and essential services. Sri Lanka is unable to make $725 million in overdue payments to suppliers and also struggling to open letters of credit for future shipments, power and energy minister Kanchana Wijesekera said. “We are struggling to get fuel supplies due to our forex issues and the government is working to manage existing stocks of diesel and petrol until June 21. Stocks could run out faster if we do not cut back on non-essential travel and stop hoarding fuel. ” “We are expecting a petrol shipment within the next three days and another two shipments in the next eight days,”

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