HomeNews"Govt Tries to Hand Over CPC Filling Stations to Foreign Companies" –...

“Govt Tries to Hand Over CPC Filling Stations to Foreign Companies” – Distributors Allege

“Govt Tries to Hand Over CPC Filling Stations to Foreign Companies” – Distributors Allege

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The Petroleum Distributors’ Association has voiced concerns that the government is making moves to hand over Ceylon Petroleum Corporation (CPC) filling stations to foreign companies.

Vice-Chairman Kusum Sandanayake alleged that various efforts are underway to facilitate this transfer.

Meanwhile, the association plans to visit the Presidential Secretariat this morning (3) to submit a memorandum protesting the reduction of the 3% commission for filling station owners.

In a separate development, Lanka IOC fuel distributors have decided to halt fuel orders.

Chairman Kosala Vidana Arachchi stated that due to pressure from the CPC, distributors are incurring a loss of Rs. 35,000 per order.

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