The Increase in Fuel Prices in Sri Lanka: MP I. Chanakian’s Accusations Against Sinopec and IOC

by time news

2024-02-03 08:34:24

Member of Parliament I. Chanakian said that Sinopec and IOC are making huge profits due to the increase in fuel prices.

He mentioned the above in response to questions raised by journalists in Batticaloa today (01).

He also said that the reason for the increase in fuel prices is to meet the demands of the Sri Lankan Petroleum Corporation, which operates on a large scale.

Increase in fuel prices

At the same time, Chanakyan has accused the power and energy minister Kanchana Wijesekhara of not listening to anyone’s story because of his passion for being a minister despite giving many proposals in this regard.

In this case, he pointed out that both Sinopec and IOC, which are operating without profit, are making huge profits due to increasing the price of fuel in general to meet the demand of the Sri Lanka Petroleum Corporation.

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