Local News
Sri Lanka’s Fuel Import Spending Spikes: CPC Reports Significant Increase in 2026 Outlays.
May 18, 2026 at 4:07 AM
Sri Lanka's Ceylon Petroleum Corporation (CPC) has faced a sharp rise in fuel import costs, settling two-thirds of its projected 2026 annual bill within the first four months alone, driven by global market volatility.
Local News
Fuel Retailers Dispute CPC’s Profit Claims Amid Allegations of Margin Reductions.
May 4, 2026 at 3:07 AM
Fuel dealers are challenging the CPC's reported Rs. 36.4 billion profit for 2025, alleging that the figure is inflated due to unauthorized cuts to their profit margins. Dealers claim the margin was unilaterally reduced from 3% to 1.5%, threatening the closure of nearly 200 fuel stations.









