Tough action against errant filling stations
COLOMBO: The Petroleum and Petroleum Resources Ministry yesterday
initiated a full scale inquiry on filling stations which have failed to
store adequate fuel stocks for the past couple of days.
Minister A.H.M. Fowzie has instructed officials to go ahead with the
A fuel shortage has arisen in some parts of the island as filling
stations have not placed orders for fuel this month to avoid any loss
after the Government announced an oil price reduction through 2009
According to Minister Fowzie, certain filling stations have emptied
their oil tanks after the Government gave an indication that an oil
price reduction would be effected through the 2009 budgetary proposals.
The Minister said this situation has led to an oil shortage in certain
parts of the island.
The licences of filling stations which hide stocks to create an
artificial oil shortage and other filling stations which have failed to
store adequate fuel stocks will be terminated after the inquiry. Such an
act violates the contract signed by the filling stations with the Ceylon
Petroleum Corporation (CEYPETCO), the minister said.
“We have received reports that certain filling stations have hidden
their stocks to create an artificial shortage and sell the same much
above the stipulated price. But Ministry has taken all steps to ensure
that no such situation would arise in the country.”
According to CEYPETCO Deputy General Manger (Administration) Cyril
Suduwella, this is a regular occurrence when the oil price is reduced by
the Government. Filling Stations run by individuals do not like to bear
any loss and curtail their purchases when a price reduction is imminent.
“For the past few days we get only few orders which we expeditiously
delivered in the wake of budget. The Corporation has adequate stocks and
expedites the delivery process once the particular order is placed,” he