"Fuel orders are secured for the next three months, and as of 1st October, supplies are planned through to April next year. There is no cause for concern" he stated.
He also confirmed that the government will continue to follow the cabinet-approved fuel price formula and is working to establish a regulatory body to oversee fuel pricing, ensuring transparency.
Addressing concerns about foreign oil companies operating in Sri Lanka, Karunarathne highlighted that, discussions would be held with local distributors to resolve issues of reluctance in cooperation.
