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Sri Lanka Petroleum Crop says no need to panic
Thursday, 18 December 2008 - 4:31 AM SL Time
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The Ceylon Petroleum Corporation yesterday assured the public that there was no shortage of petrol or petroleum products in the country and there was no need to panic over rumours.
CPC Bulk Supply and Bulk Movement Manager R. Marasinghe told The Island that CPC has sufficient stocks of petrol in the stores enough for another month.
He said that apart from the remaining large stock, a ship was on the way carrying another 15,000 tons of petroleum products. Marasinghe also said that there aren t any complaints of shortages or request for fresh stocks of petroleum from filling stations.
He said that their only worry was how to clear such a large stock.
CPC Marketing sources also agreed that there was no shortage of petrol.
A spokesman from the Marketing Division said that they were in touch with all Area Managers and there were no complaints made on the shortage of petrol.
However, he said that some dealers had cancelled their orders fearing newspaper reports that there could be a further price reduction due to the impending Supreme Court decision on the price of a litre of petrol. By not placing orders for fresh stocks some filling stations may have run short of petrol, he said.
Meanwhile, some filling station managers said that they were waiting till the prices stabilize to place fresh orders since a further price reduction could result in losses for them. A Manger of a Colombo filling station said, `We have stopped purchasing petrol till the prices come down. If we continue with the purchase, we could lose on the deal.`
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lankaputha
Joined: Nov 2007
Posts: 257
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 18 Dec 2008 08:52:11 GMT Report for Abuse
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Well said in the heading
'Sri Lanka Petroleum Crop'
Now they are taking the harvest.... Can't we send at least a couple of people who are responsible for this scam to Bogambara ? |
Fazils
Joined: Dec 2008
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 18 Dec 2008 09:10:10 GMT Report for Abuse
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| Good decision made by Supreme Court. Thank to the people who take actions on fuel prices. |
Spetsnaz1
Joined: Jun 2006
Posts: 2287
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18 Dec 2008 13:43:17 GMT Report for Abuse
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| Heh heh, no need to panic eh?? people do get panicked when during this holiday season there is a shortage or fuel.. specially when you find out going to the station to find out there is no Diesel either... let alone petrol... lets hope this conflict is resolved soon.. |
mari08
Joined: Oct 2008
Posts: 5
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 18 Dec 2008 21:09:06 GMT Report for Abuse
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Tell your governement there are dozens of tankers loaded with oil floating in the Rotterdam harbour.
They have not got a clue what to do with it, because Shell closed the refinery temperarely.
They might be able to get their hands on it for 10 dollars a barrel.
And ... that's a far better deal than hedging at $ 140. |
kiwikanga
Senior Member
Joined: Nov 2005
Posts: 2703
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 18 Dec 2008 23:43:32 GMT Report for Abuse
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Sri Lanka Petroleum Crop says no need to panic
What's the matter?
Minor matter
Are we worried?
No No!
In Sri Lanka there is NEVER anything that happens which is cause for panic! That is why SL is paralleled to Paradise!
Edited By - kiwikanga - 18 Dec 2008 23:44:22 GMT |
Livera53
Joined: Jan 2007
Posts: 132
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19 Dec 2008 02:17:36 GMT Report for Abuse
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Govt was Cheering & applauding the Supreme Court, and hiding behind its rulings when it suited them Viz: De merger of North & East which was done by JRJ on a Presidential decree, getting the striking teachers to correct answer scripts etc.
Govt was also happy when Hedging deal was suspended saving over USD 400 Million to the Govt which apparently can fund the War in the North for 6 months. Despite that JHU & Govt has started branding CJ also as a Tiger .
Is the Hedging deal still in force? As Supreme Court ruling on Petrol at Rs.100/= is an extension of the same ruling which suspended the Hedging deal! |
kiwikanga
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19 Dec 2008 03:32:01 GMT Report for Abuse
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Despite that JHU & Govt has started branding CJ also as a Tiger
Ohey Palayan! Now even the CJ seems to be on the LTTE paylist! :)
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jerisax
Joined: Dec 2008
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19 Dec 2008 03:37:53 GMT Report for Abuse
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Ela Fouzie!
Screwed The Health Sector... Screwed the Transport Sector...
And Now Screwing up with Petrol.
Fouzie and Asantha De Mel should be sent to Jail !! |
Gamegodaya
Joined: Nov 2008
Posts: 14
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19 Dec 2008 04:27:32 GMT Report for Abuse
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We know that you have stock purchased @ $ 140+ .
Please cancel the Dealer/Distributor License of pumping stations without petrol now & not ordering today due to price reduction anticipating a loss. In SL Consumer not the King. Only the Trader & Govt. Rulers are the..... |
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