Lanka IOC launches new Corporate Fuel Card

A new Fuel Card has been launched by Lanka IOC in a tie-up with Dialog for corporate entities to obtain fuel from selected LIOC’S petrol sheds throughout the island, the company said this week.

“Corporates are free to assign different limits to the individual cards through a web-based solution provided by Dialog. This will help the organisations to do away with the processing of reimbursements to individual employees. It also helps them track fuel consumption and brings the convenience of settling payments directly with Lanka IOC,” the statement added.

In a strategic partnership with Lanka IOC, Dialog will provide the necessary hardware at the retail outlets in addition to web-based interface for all corporates and dealers of Lanka IOC. Present at the launch were Additional Secretary MOP&NG of the Government of India - Sudhir Bhargava, Chairman Lanka IOC - M. Nene, CEO Dialog Axiata PLC - Dr. Hans Wijayasuriya, Managing Director Lanka IOC - K. R. Suresh Ku- mar and CEOS of many Sri Lankan companies.

Picture shows Indian High Commissioner in Sri Lanka Ashok K. Kantha symbolically handing over the first Corporate Fuel Card to Executive Vice Presi- dent, MIT Faiq Faaiz. Also in the picture are ( L to R) Counsellor (Economic and Commercial), Indian High Commission, Colombo M. Manish, Group CEO Dialog Axiata PLC Dr. Hans Wijaya- suriya, Additional Secretary MOP and NG, Government of India Mr. Sudhir Bhargava, Chairman Lanka IOC Mr. M. Nene and Managing Director Lanka IOC Mr. K. R. Suresh Kumar.