Sri Lanka will impose weekly fuel quotas. – The Informant.



Petrol: Sri Lanka to impose weekly fuel quotas

Published on 13.6.2022 by Delphine Bancaud


CRISIS Sri Lanka is going through its worst economic crisis since its independence and its population is bearing the brunt of record inflation

In Sri Lanka, Saturday, June 11, 2022, a long queue at the gas pump.
In Sri Lanka, Saturday, June 11, 2022, a long queue at the gas pump. — Eranga Jayawardena/AP/SIPA

the Sri Lanka, hit by the worst economic crisis in its history, announced on Sunday that it wanted to impose weekly fuel quotas on motorists, in a context of worsening shortages in the country. “We have no choice but to identify consumers at gas stations and provide them with a guaranteed weekly quota until we are able to put the financial situation back on track,” the minister said. ‘Energy, Kanchana Wijesekera.

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“I hope this system will be in place by the first week of July,” added the minister, without specifying how much fuel motorists would be allowed to buy under this new system. The announcement comes as the state-run Ceylon Petroleum Corporation national refinery struggles to finance oil imports, while consumption soars due to electricity and liquefied petroleum gas (LPG) shortages.

A severe economic crisis

Sri Lanka is going through its worst economic crisis since its independence and the 22 million inhabitants of this island country close to India have lived for months to the rhythm of daily blackouts, long queues for gasoline and record inflation. The government has already defaulted on its $51 billion foreign debt, and a severe shortage of foreign currency is preventing traders from importing enough food, fuel and other essentials.

In mid-April, the government imposed a maximum of four liters of gasoline for two-wheelers and five liters for three-wheelers. With regard to individual cars or vans, the limit had been set at 19.5 liters of gasoline or diesel. But many motorists had by then filled up, emptying petrol into containers to build up stocks and then returning to the queues to buy more.

These fuel shortages had also sparked spontaneous protests across the island where tens of thousands of angry motorists had set tires on fire and blocked roads. The United Nations warned on Friday that the unprecedented economic crisis in Sri Lanka could turn into a serious humanitarian crisis, with millions of people already in need of aid.

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