By The Fuel Distributors’ Association announced that they will cease fuel ordering activities from midnight today (28 February).
They said that while distribution of existing reserves will continue, no new orders will be placed.
The decision follows the Ceylon Petroleum Corporation’s (CPC) move to abolish the 3% discount currently offered to distributors and implement a new payment formula, effective tomorrow.
CPC Chairman D.J. Rajakaruna noted that this change aligns with a circular issued in March 2022, making the current payment system illegal.
In response, the Distributors’ Association confirmed at a media briefing this afternoon that they will suspend their petroleum orders. How ever the Charmin of the CPC said that there will be no such fuel shortage and only a small group of distributers are behaving in a disruptive manner.
The Chairman of the Ceylon Petroleum Corporation (CPC) assured the public that there is no shortage of fuel in the country and that distribution is continuing as usual.
The public is urged not to panic, as retailers have not confirmed any fuel order stoppages.
Despite this assurance, long queues were observed outside several fuel stations in Colombo this evening.
