Lanka IOC increases fuel price but CPC rates unchanged

Lanka IOC today announced an increase in fuel prices but the Ceylon Petroleum Corporation (CPC) said that its rates remain unchanged.

Lanka IOC said that the price of 92 octane petrol was increased by Rs 9 per litre and the price of diesel by Rs 5 per litre.

Lanka IOC also said that the price Extra Premium Euro 03 was increased by Rs. 5 per litre and Extra Premium 95 octane by Rs. 2 per litre.

Accordingly, the revised price of a petrol litre would be Rs.126 and the price of a liter of diesel would be Rs. 100 after being subjected to the price increase.

Meanwhile, Ceylon Petroleum Corporation (CPC) chairman Dhammika Ranatunga said that the CPC has not decided on a fuel price hike.

As a result, he says the price of fuel at CPC fuel stations will remain the same. (Colombo Gazette)