Sri Lanka, Oct. 11 -- President Anura Kumara Dissanayake stated that agreements already signed with private fuel companies will be amended in the future.



The President made this statement while addressing a National People's Power (NPP) rally in Ibbagamuwa.



He said certain conditions in agreements signed with private fuel companies had limited the Ceylon Petroleum Corporation (CPC) in its ability to determine fuel prices flexibly and regulate the market.



The President stressed that the government would take measures to protect consumers rather than allow private companies to operate solely according to their own preferences.



He further stated that the CPC had been transformed from a loss-making institution into a profitab...