Sri Lanka on Wednesday said a petrol-laden ship has been parked in its maritime zone for nearly two months but it does not have foreign currency to make payments. However, the government said that the country has sufficient stock of diesel. According to the report of online portal news first.lk, Minister of Power and Energy Kanchana Wijesekera told Parliament that a vessel laden with petrol has been anchored in Sri Lankan waters since March 28. But, Sri Lanka does not have dollars available for payment to him.
refusal of the shipping company to ship
In addition, an amount of $53 million is also due for the same vessel for the last consignment in January 2022. The minister said that the shipping company has refused to release the ship till both the payments are settled. "That's why we requested people not to wait in line for fuel," he said. No problem with diesel. We have limited stock of petrol and are trying to distribute it for essential services, especially ambulances.
$53 million is needed for fuel imports
Wijesekera said it would take three more days from Friday to complete the distribution of petrol at all filling stations. In June, Sri Lanka will need $530 million for fuel imports. Even if the country gets the benefit of the Indian credit facility, it will still need more than $500 million for fuel purchases, compared to $150 million per month two years ago. Sri Lanka has to pay over $700 million for the last import consignment of fuel.
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