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Fuel stocks secure for weeks; Lanka IOC urges public not to panic buy

Fuel stocks secure for weeks; Lanka IOC urges public not to panic buy

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Lanka IOC PLC yesterday reassured the public that it has sufficient fuel reserves to meet national demand, amid concerns over supply disruptions.

In a statement issued on March 1, 2026, the company said it currently holds petrol stocks adequate for 34 days and diesel stocks sufficient for 26 days across its supply network.

The company stressed that there is no shortage of fuel at present and appealed to consumers to refrain from panic buying or hoarding, noting that such practices could create unnecessary pressure on distribution.

Lanka IOC also confirmed that its supply locations will continue operations during public holidays to ensure uninterrupted deliveries to retail outlets, thereby minimizing any inconvenience to motorists and the general public.

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