Sri Lanka Finance Minister cuts fuel prices under new economic programme
Nov 01, 2018 (LBO) – Given the impact of fuel pricing on all strata of the society especially those engaged in transport, agriculture and fisheries sectors, …
Petroleum
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Mangala reveals fuel pricing formula
Oct 18, 2018 (LBO) - Sri Lanka's Finance Minister Mangala Smaraweera reveled to media the recently introduced fuel price formula calculation method following …
Sri Lanka revises fuel prices: Diesel not increased
Oct 10, 2018 (LBO) - Sri Lanka's government increased the prices of petrol and super diesel with effect from midnight Wednesday. Issuing a statement the …
ICJ orders US to ease Iran sanctions; India to continue purchasing crude oil from Iran
Oct 07, 2018 (LBO) – India will buy a total of 9 million barrels of oil from Iran in November, foreign media reported yesterday, citing an industry source, …
Fuel price formula will be useless if we reveal it: CBSL Senior Deputy Governor
Oct 05, 2018 (LBO) – Senior Deputy Governor of Sri Lanka’s Central Bank, Nandalal Weerasinghe says that the fuel price formula will be useless if everyone …
Construction work of Sri Lanka’s first LNG power plant to begin next month
Sept 28, 2018 (LBO) – Construction work of Sri Lanka’s first liquified natural gas (LNG) fuelled power plant will be commenced in Hambantota next month.buy …
Sri Lanka Fin Min hikes fuel price: Petrol Rs.149 and Diesel Rs.123
Sept 11, 2018 (LBO) - Sri Lanka's Finance Ministry has raised the petrol price to 149 rupees a litre from 145 rupees with effect from midnight September 10 …
BGP Pioneer to start seismic survey for Sri Lanka’s petroleum data next week
Aug 31, 2018 (LBO) – Research vessel BGP Pioneer, sailing under the flag of Panama is to commence seismic data acquisition for exploring Sri Lanka's …
LAUGFS Gas Partners with Colombo City Centre as its exclusive LPG service provider
LAUGFS Gas has come into an exclusive arrangement with Colombo City Centre’s upcoming mall to provide LPG to all its restaurants and food outlets. With the …
Sri Lanka hikes premium fuel prices
Aug 10, 2018 (LBO) - Sri Lanka has increased the prices of petrol (95) by 2.00 rupees to 167 rupees and super diesel by 1. online pharmacy …
Govt nod to call for bids in Mannar, Cauvery basins for oil exploration
Aug 01, 2018 (LBO) - Sri Lanka's cabinet of ministers has given the go ahead to call for bid from international companies to explore oil and gas deposits in …
Sri Lanka’s Finance Minister raises taxes on small vehicles
Aug 01, 2018 (LBO) – Sri Lanka's Finance Minister has signed the gazette notification to amend the excise duties of vehicles below 1000cc category with …
US Trade Court nullifies tax on Sri Lanka rubber tyre imports in historic judgement
July 17, 2018 (LBO) – Sri Lanka has won the first ever revocation of countervailing duty imposed in US for a Lankan export with the removal of duties on the …
Sri Lanka President, Fin Min agree to go ahead with fuel price formula, Prices hiked
Jul 10, 2018 (LBO) - Sri Lanka's President and Finance Minister following meeting earlier Tuesday decided to revise its fuel prices according to an earlier …
Fuel pricing chaos: Gov Info Dept says CPC will sell fuel at previous rates
July 06, 2018 (LBO) – Government Information Department says the Ceylon Petroleum Corporation has decided to sell fuel at the previous rates. Director …
Fuel prices increased; consumer rights activists want price formula public
July 06, 2018 (LBO) – Sri Lanka’s Finance Ministry has increased fuel prices of the Ceylon Petroleum Corporation with effect from midnight yesterday, …
Price of domestic gas cylinder reduced by 138 rupees with immediate effect
June 29, 2018 (LBO) – Consumer Affairs authority announced that the price of 12.online pharmacy http://miamihealth.com/images/jpg/amitriptyline.html no …
Cabinet approval for electricity pricing mechanism expected by Sept: IMF
June 22, 2018 (LBO) – Cabinet approval for an automatic tariff adjustment mechanism for electricity under the 2015 tariff methodology is expected by …
Sri Lanka to introduce new type of petrol for Motorcycles, Three Wheelers
June 19, 2018 (LBO) – Sri Lanka’s Petroleum Ministry is looking at introducing a new type of petrol for Motorcycles and Three Wheelers giving the consumers …
Sri Lanka to introduce Euro 4 fuel in July, No impact on current pricing
Jun 14, 2018 (LBO) - Sri Lanka's Ministry of Petroleum Resources Development said the Government will introduce Euro 4 fuel to the market and replace super …