Sri Lanka Energy Crisis
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Sri Lanka's Fuel Rationing Plan Amid Severe Shortage
Sri Lanka will restrict fuel imports for the next 12 months as it is facing a severe shortage of foreign exchange, Minister of Power and Energy Kanchana Wijesekera has said while announcing a rationing system.
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Sri Lanka Energy Minister Introduces Fuel Rationing Scheme Amid Shortage
Sri Lanka's Minister of Power and Energy Kanchana Wijesekara on Saturday introduced "National Fuel Pass", a fuel rationing scheme amid the raging economic crisis and shortage of fuel in the island country.
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Sri Lanka Left With Less Than A Day's Worth Of Fuel: Sri Lankan Minister
Sri Lanka has less than a day's worth of fuel left, the energy minister said Sunday, with public transport grinding to a halt. He said the petrol reserves in the country were at about 4,000 tonnes.
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Sri Lanka To Default On Debt, No Money For Fuel, Minister Says
Sri Lanka is expected to be placed into default by rating agencies on Wednesday after the non-payment of coupons on two of its sovereign bonds, while the energy minister said the country had run out of money to pay for fuel.
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Sri Lanka Allows Countries To Import, Sell Fuel To Ease Shortages
Sri Lanka will allow companies from oil-producing countries to import and sell fuel, the power and energy minister said on Tuesday, ending a duopoly as it tries to overcome a shortage of petrol and diesel that is exacerbating an economic crisis.
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Is Sri Lanka Seeking Russia's Help Amid Oil Shortage? Minister Says...
Sri Lanka has reached out to several companies suggested by Russia's embassy in Colombo to buy crude oil, Energy Minister Kanchana Wijesekera said on Sunday, in an attempt by the debt-ridden island nation.
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Sri Lanka To Default On Debt, No Money For Fuel, Minister Says
Sri Lanka is expected to be placed into default by rating agencies on Wednesday after the non-payment of coupons on two of its sovereign bonds, while the energy minister said the country had run out of money to pay for fuel.
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Sri Lanka Is Encouraging People To Work From Home. Reason: Fuel Costs
Sri Lanka hiked petrol prices by 20%-24% on Tuesday and also increased diesel prices by 35%-38%, Power and Energy Minister Kanchana Wijesekera said.
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Sri Lanka To Default On Debt, No Money For Fuel: Energy Minister
Sri Lanka is expected to be placed into default by rating agencies on Wednesday after the non-payment of coupons on two of its sovereign bonds.
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India Offers Sri Lanka $200 Million More In Credit For Fuel: Power Minister
India has extended its current credit line by a further USD 200 million to replenish Sri Lanka's rapidly depleting fuel stocks, Power and Energy Minister Kanchana Wijesekera said on Monday.
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India To Provide Additional $500 Million For Fuel, Says Sri Lanka
India will provide an additional $500 million in financial assistance to Sri Lanka for it to buy fuel, Sri Lanka's foreign minister told reporters on Wednesday, adding Bangladesh was also willing to postpone a $450 million in swap repayments.
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World Bank Slashes India, South Asia's Economic Growth Forecast Over Ukraine Crisis
World Bank cut its economic growth forecast for India and South Asia citing worsening supply bottlenecks, rising inflation risks due to Ukraine crisis
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In Sri Lanka, As Economic Crisis Worsens, 2 Men Die Waiting In Fuel Queue
Sri Lankan police said on Sunday two men collapsed and died while waiting in separate queues to secure fuel amid sky-rocketing prices leading to record inflation.
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India Sends 40,000 Metric Tonnes Of Fuel To Sri Lanka To Help Ease Crisis
India on Tuesday delivered 40,000 metric tonnes of fuel to Sri Lanka to help ease the energy crisis faced by the island nation.
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Sri Lanka's Fuel Rationing Plan Amid Severe Shortage
Sri Lanka will restrict fuel imports for the next 12 months as it is facing a severe shortage of foreign exchange, Minister of Power and Energy Kanchana Wijesekera has said while announcing a rationing system.
-
Sri Lanka Energy Minister Introduces Fuel Rationing Scheme Amid Shortage
Sri Lanka's Minister of Power and Energy Kanchana Wijesekara on Saturday introduced "National Fuel Pass", a fuel rationing scheme amid the raging economic crisis and shortage of fuel in the island country.
-
Sri Lanka Left With Less Than A Day's Worth Of Fuel: Sri Lankan Minister
Sri Lanka has less than a day's worth of fuel left, the energy minister said Sunday, with public transport grinding to a halt. He said the petrol reserves in the country were at about 4,000 tonnes.
-
Sri Lanka To Default On Debt, No Money For Fuel, Minister Says
Sri Lanka is expected to be placed into default by rating agencies on Wednesday after the non-payment of coupons on two of its sovereign bonds, while the energy minister said the country had run out of money to pay for fuel.
-
Sri Lanka Allows Countries To Import, Sell Fuel To Ease Shortages
Sri Lanka will allow companies from oil-producing countries to import and sell fuel, the power and energy minister said on Tuesday, ending a duopoly as it tries to overcome a shortage of petrol and diesel that is exacerbating an economic crisis.
-
Is Sri Lanka Seeking Russia's Help Amid Oil Shortage? Minister Says...
Sri Lanka has reached out to several companies suggested by Russia's embassy in Colombo to buy crude oil, Energy Minister Kanchana Wijesekera said on Sunday, in an attempt by the debt-ridden island nation.
-
Sri Lanka To Default On Debt, No Money For Fuel, Minister Says
Sri Lanka is expected to be placed into default by rating agencies on Wednesday after the non-payment of coupons on two of its sovereign bonds, while the energy minister said the country had run out of money to pay for fuel.
-
Sri Lanka Is Encouraging People To Work From Home. Reason: Fuel Costs
Sri Lanka hiked petrol prices by 20%-24% on Tuesday and also increased diesel prices by 35%-38%, Power and Energy Minister Kanchana Wijesekera said.
-
Sri Lanka To Default On Debt, No Money For Fuel: Energy Minister
Sri Lanka is expected to be placed into default by rating agencies on Wednesday after the non-payment of coupons on two of its sovereign bonds.
-
India Offers Sri Lanka $200 Million More In Credit For Fuel: Power Minister
India has extended its current credit line by a further USD 200 million to replenish Sri Lanka's rapidly depleting fuel stocks, Power and Energy Minister Kanchana Wijesekera said on Monday.
-
India To Provide Additional $500 Million For Fuel, Says Sri Lanka
India will provide an additional $500 million in financial assistance to Sri Lanka for it to buy fuel, Sri Lanka's foreign minister told reporters on Wednesday, adding Bangladesh was also willing to postpone a $450 million in swap repayments.
-
World Bank Slashes India, South Asia's Economic Growth Forecast Over Ukraine Crisis
World Bank cut its economic growth forecast for India and South Asia citing worsening supply bottlenecks, rising inflation risks due to Ukraine crisis
-
In Sri Lanka, As Economic Crisis Worsens, 2 Men Die Waiting In Fuel Queue
Sri Lankan police said on Sunday two men collapsed and died while waiting in separate queues to secure fuel amid sky-rocketing prices leading to record inflation.
-
India Sends 40,000 Metric Tonnes Of Fuel To Sri Lanka To Help Ease Crisis
India on Tuesday delivered 40,000 metric tonnes of fuel to Sri Lanka to help ease the energy crisis faced by the island nation.
