The Ceylon Petroleum Corporation (CPC) has assured that there will be no fuel shortage in the country under any circumstances.
According to the CPC Chairman – D.J. Rajakaruna, the CPC has already placed and confirmed orders for the fuel required for the next 02 months and there is absolutely no reason to anticipate a fuel shortage in the country.
He said however there are concerns about where the fuel shipments will originate from and whether there is an impact due to the war.
Rajakaruna also warned that legal action would be taken against those found hoarding fuel illegally.
According to CPC data, the majority of Octane 92 petrol is sourced from Malaysia, Singapore, or India, and not from conflict zones in the Middle East, with only one shipment expected from Oman, CPC Chairman said.
He further noted that even in the event of the Strait of Hormuz being closed, the CPC has alternative supply routes in place. Diesel stocks are also sourced from non-conflict zones, he added.