COLOMBO, June 1 -- The Ceylon Petroleum Corporation (CPC) has announced plans to tighten enforcement of the national fuel quota (QR) system, warning that service stations that fail to comply with the regulations could lose access to subsidized fuel allocations.

CPC Chairman S. Rajakaruna made the announcement at a media briefing held at the corporation's headquarters on Monday (June 1), citing mounting fuel import costs and growing concerns over the country's foreign exchange outflows.

Rajakaruna said the government was paying close attention to reducing fuel consumption in light of rising global energy prices and ongoing geopolitical tensions in the Middle East, which have contributed to increased uncertainty in international fuel mark...