RE­SULTED FROM FAIL­URE TO MAIN­TAIN BUF­FER STOCK

ALSO FOUND THAT THE AB­SENCE OF A MECH­A­NISM TO CARRY OUT EMER­GENCY SUP­PLIES AR­JUNA ASKS CID TO CON­DUCT IN­QUIRY

Daily Mirror (Sri Lanka) - - FRONT PAGE - BY KELUM BAN­DARA

TIt takes 21 days to im­port a ship­ment of fuel af­ter plac­ing an order

he Cab­i­net sub-com­mit­tee ap­pointed to look into the re­cent petrol cri­sis, has found that the fail­ure to main­tain buf­fer stocks and the ab­sence of a mech­a­nism to carry out emer­gency sup­plies was what re­sulted in the short­age.

The com­mit­tee, headed by the Min­is­ter Sarath Amunugama, handed over the re­port to Pres­i­dent Maithri­pala Sirisena at yes­ter­day’s Cab­i­net meet­ing.

The com­mit­tee which was given more time to carry out fur­ther in­ves­ti­ga­tions on the mat­ter, raised doubts as to how the de­lay in the ar­rival of the two ship­ments -- one or­dered by the Cey­lon Petroleum Cor­po­ra­tion (CPC) and the other by the Lanka In­dian Oil Com­pany (LIOC) -- ar­riv­ing in Sri Lanka and the break­down of the re­fin­ery hap­pen­ing si­mul­ta­ne­ously. It takes 21 days to im­port a ship­ment of fuel af­ter

The com­mit­tee raised doubts as to how the de­lay in ar­rival of the two ship­ments and the break­down of the re­fin­ery hap­pen­ing si­mul­ta­ne­ously

plac­ing an order and in a worst case sce­nario, 62,000 to 65,000 tonnes of petrol should have been in stor­age dur­ing this pe­riod. Based on the com­mit­tee re­port Petroleum Re­sources De­vel­op­ment Min­is­ter Ar­juna Ranatunga had di­rected the CID to con­duct an in­quiry into this mat­ter

Newspapers in English

Newspapers from Sri Lanka

© PressReader. All rights reserved.