Sri Lanka, March 25 -- The Ceylon Petroleum Corporation (CPC) has revealed that fuel orders for the country currently exceed actual requirements by around 10%. However, the corporation stressed that there is no risk of a shortage if emergency stockpiling is avoided.
Speaking during the Ada Derana 'Big Focus' program, Dr. Mayura Neththikumarage, the Managing Director of CPC stated that the country has adequate fuel reserves to meet demand at least until mid-May. He emphasized that the current challenges are not due to a lack of fuel, but rather to hoarding and mismanagement of distribution.
"The real issue isn't the availability of oil," Neththikumarage said. "If a ship carrying 40,000 metric tons arrives, it fills the demand gap of 40,0...
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