If CEB wants fuel, give us dollars – Udaya
The Ceylon Electricity Board (CEB) earlier said it does not need diesel for January, suddenly out of the blue it goes back on its word and requests diesel on 11 January, Energy Minister Udaya Gamannpila said yesterday (January 17).
If imported diesel stocks are given to the CEB then there will be a diesel shortage for motor vehicles. There are no US dollars to purchase fuel for the CEB. If the CEB gives US dollars, then we can import fuel for their operations, Gammanpila said.
“The monthly export income of Sri Lanka is US$ 1 billion and the country receives only US$ 750 million in reality. It is difficult to allocate US$ 400 to import fuel which is 55 per cent of the monthly export income, when there is a looming economic crisis. I cannot find US dollars for electricity. It is the responsibility of the relevant authorities,” he said.
Gammanpila also said two fuel tankers were anchored at the port but unable to unload the consignment due to the shortage of US dollars. “If the authorities give the necessary funds, we can release one shipment and provide diesel. We also have to pay US$ 18,000 as demurrage for these ships too,”Gammanpila pointed out.
(Source: Ceylon Today – By Bingun Menaka Gamage)
Latest Headlines in Sri Lanka
- Over 120,000 tourists arrive in Sri Lanka in first 20 days of November 2024 November 25, 2024
- IMF backs Sri Lanka’s plan to boost revenue with vehicle imports November 25, 2024
- Bus collision in Watawala injures four amid adverse weather November 25, 2024
- Senior Professor Rathnayake appointed to restore order at University of Ruhuna November 24, 2024
- Sri Lankan fishing vessel seized with massive drug haul in Maldives November 24, 2024
Subsidise more to keep the ‘Illan kaaa’ population with 2500 proud history happy and to get votes. Then the CEB will be even better! A nation go begging around world to live on burrowed money rather than using that for development. It is ‘we can’t – We won’t’ morning to evening everyday.