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The event became known as the 2022 Sri Lankan economic crisis Sri Lanka has faced energy crisis. With no foreign exchange to pay for fuel, Sri Lanka Government was dependent on an Indian line of credit of US$700 million which expired in June. The LIOC to date was enjoying a 16% market share for petrol and diesel in the local market.
Litro Gas. Website. ceypetco.gov.lk. Ceylon Petroleum Corporation, commonly known as CEYPETCO (CPC), is a Sri Lankan oil and gas company. Established in 1962 and wholly owned by the Government of Sri Lanka, it is the largest oil company in Sri Lanka. It was formed in 1961 by nationalisation and expropriation of all private oil companies in Sri ...
As of 2015, 1,464 MW of the total thermal installed capacity was from state-owned fossil fuel power stations: 900 MW from Lakvijaya, 380 MW from the state-owned portion of Kelanitissa, 160 MW from Sapugaskanda, and 24 MW from Uthuru Janani. The remaining 641 MW of the installed thermal capacity are from six privately owned power stations.
Like all power stations in Sri Lanka, power generated by the power station are sold to the Ceylon Electricity Board under a 20-year take-or-pay power purchase agreement. The low-sulfur diesel is supplied through an existing pipeline by the Ceylon Petroleum Corporation , with 20,000 tons, or the equivalent of 28-days of full capacity operations ...
2017 Sri Lankan fuel crisis. Sri Lanka, from 3 November 2017 until 11 November 2017, faced a fuel shortage when a substandard fuel shipment was rejected which caused a depletion in reserves due to the general public fearing of a prolonged duration of crisis. However, there was only a shortage of petrol not diesel or kerosene.
An Indian coast guard aircraft sprayed a special chemical on a patch of diesel fuel near a large oil tanker off Sri Lanka's coast where firefighters are battling a new blaze that broke out two ...
The Sri Lankan economic crisis[8] is an ongoing crisis in Sri Lanka that started in 2019. [9] It is the country's worst economic crisis since its independence in 1948. [9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities. [10]
The Kelanitissa Power Station is a state-owned power station located on the south bank of the Kelani River in the northern part of the city of Colombo, Sri Lanka. Commissioned in 1964, it is the first thermal power station built in Sri Lanka, after the country gained independence. The facility has a current gross installed capacity of 360 MW, a ...