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Last updateMon, 24 Jun 2019 2pm

Business News

The Ceylon Petroleum Corporation bans the wholesale distribution of the “Lanka Kerosene Oil.

The Ceylon Petroleum Corporation today banned the distribution of the “Lanka Kerosene Oil” to vehicles, factories, barrels and other wholesale distributions.

CEYPETCO said that out of the two types of Kerosene namely “Industrial Kerosene” and “Lanka Kerosene”, the latter is used by the fishing community and those with low income households.

Accordingly, the CEYPETCO has directed all dealers to stop distributing Lanka Kerosene to factories and other wholesale outlets, after discovering that many dealers have been distributing Lanka Kerosene instead of Industrial Kerosene in a bid to maximize profits.

The circular directed all distributors to ensure that the subsidized kerosene was solely given to low income families and the fishing community.

Lanka Kerosene is red in color whilst industrial kerosene is colorless.

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