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COLOMBO (Reuters) -Sri Lanka's central bank has secured foreign exchange to pay for fuel and cooking gas shipments that will ease crippling shortages, its governor said on Thursday, but police ...
Litro Gas is Sri Lanka's largest gas company. It controls 85% of Sri Lanka's gas market. The company is wholly owned by Sri Lanka Insurance Corporation.. Established in 1872 as Colombo Gas and Water Company, [3] it was a wholly owned subsidiary of Royal Dutch Shell until 2010, when it was purchased by the government of Sri Lanka.
The Sri Lankan economic crisis [8] is an ongoing crisis in Sri Lanka that started in 2019. [9] It is the country's worst economic crisis since its independence in 1948. [9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities. [10]
Other than the substandard fuel rejected being the main reason for the crisis there were several other events that worsened the crisis during this time period. Delay of other fuel ship - the rejected fuel shipment arrived in Sri Lanka on 15 October 2017 and on 17 October 2017 was rejected however this did not cause any panic as "Nevaska Lady ...
The Pakistani government is looking to tame inflation with fuel price cuts and a price-control mechanism, caretaker Prime Minister Anwaar ul Haq Kakar said on Monday. The South Asian country is ...
The Sapugaskanda Refinery (also referred to as Sapugaskanda Oil Refinery) is the single largest oil refinery of Sri Lanka.The refinery was built in August 1969 by the Ceylon Petroleum Corporation under the guidance of Iran, [1] initially designed to process 38,000 barrels (6,000 m 3) per stream day of Dubai crude oil, and Arabian light crude oil.
Follow all the latest live coverage of today's match in the live blog below: Pakistan vs Sri Lanka. ... to leg on the front foot working, to deep square leg for 1 run. Pakistan vs Sri Lanka. 16:15 ...
Ceylon Petroleum Corporation, commonly known as CEYPETCO (CPC), is a Sri Lankan oil and gas company. Established in 1962 and wholly owned by the Government of Sri Lanka, it is the largest oil company in Sri Lanka. It was formed in 1961 by nationalisation and expropriation of all private oil companies in Sri Lanka at the time of its formation. [4]