Fuel distributors have agreed to the new pricing formula introduced by the Ceylon Petroleum Corporation (CPC), Cabinet Spokesperson Minister Nalinda Jayatissa said.
Speaking at the Cabinet press briefing, Jayatissa confirmed that the formula is now in effect.
He added that another discussion is scheduled for March 18 to review proposals submitted by the distributors.
“The formula introduced by the CPC has been agreed upon and will be implemented accordingly. Meanwhile, fuel distributors have raised several concerns. While the new formula is in effect, another discussion will be held on the 18th morning to review their proposals. Therefore, there is no issue regarding fuel distribution,” Jayatissa said. (NewsWire)
