(UTV|COLOMBO) – The Finance Ministry announced that a price revision quoted in a circular issued by the Ceylon Petroleum Corporation (CPC) will be subject to approval by the Cabinet of Ministers before new rates come into effect.
The Government Information Department on Friday (06) confirmed that the Ceylon Petroleum Corporation (CPC) had issued a circular requesting all fuel stations to revert to previous prices.
Lanka Indian Oil Company (LIOC) however had stated that they would not be reverting to previous oil prices. They announced that they too would increase their prices from July 6 in keeping with the CPC increase.
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