Sri Lanka faces fuel distribution crisis

[TamilNet, Saturday, 14 August 2004, 11:13 GMT]
Sri Lanka is facing a major fuel distribution crisis after trade unions of the state owned Ceylon Petroleum Corporation went on strike against a proposed plan to sell a major share of the institution to an Indian oil company. Panicked drivers jammed fuel filling stations in many parts of the island as distribution of petroleum products stopped after the strike started Friday afternoon.

Talks between the minister of finance and representatives of sixteen Petroleum Corp trade unions to resolve the crisis Saturday morning failed after the minister refused to give a promise in writing that the proposed privatization plan would be scrapped.

The Ceylon Petroleum Corporation had 300 fuel distribution stations in Sri Lankan. One hundred of these were given to Indian Oil Corporation last year.

The Sri Lankan government signed a deal with the Indian oil company Barath Petroleum to give it another hundred fuel filling stations.

"It would take at least 48 hours to get the fuel distribution system back to normal", a Ceylon Petroleum Corp official told TamilNet Saturday.

 

Latest 15 Reports
02.07.20 22:26  
Colombo imposes restrictions on Tamil valour related symbolism in schools of North
01.07.20 13:22  
New secret unit among four SL military and police squads competing to arrest Tamil youth in North
30.06.20 22:10  
Tamils blocked from accessing properties near SL Navy training base in Champoor, Trincomalee
29.06.20 23:29   Photo
Moragoda advising Gotabaya prompts Sinhala parties to scrap Provincial Councils
28.06.20 22:06  
India privileging BRIC/RIC over Quad ‘discordant’, says former US top diplomat
27.06.20 22:11  
Indo-Pacific expert wants US to seek opportunities in ‘Sri Lanka’
26.06.20 21:24  
Russia steps up influence on New Delhi to uphold “multilateralism” against US “rules-based order”
25.06.20 23:53  
Pompeo talks about US reposturing troops, mentions India, Vietnam, Malaysia and Indonesia
24.06.20 23:36   Photo
Devananda circumvents court order, manipulates Jaffna fishers to allow poachers from South
23.06.20 22:03  
Sinhala encroachment of pastureland continues unabated in Batticaloa
22.06.20 18:17  
SLMC Chairman: Time for joint Tamil-Muslim efforts
21.06.20 23:11   Photo
Ex-councillor: Poverty-stricken Tamils at receiving end of SL military brutality in North
20.06.20 23:53   Photo
Tamil man killed, Sinhala Army opens fire at motorbike rider at Mukamaalai in North
19.06.20 23:30  
Dr Amir Ali: SL Archaeology aims to obliterate Tamil traces, shrink territory of Muslims in East
18.06.20 21:02  
Colombo steps up surveillance harassment on organisations operating in East
 
Find this article at:
http://www.tamilnet.com/art.html?catid=13&artid=12671