Lanka IOC further reduces diesel price by Rs.10
The Lanka Indian Oil Corporation (LIOC) Thursday heeded the government's request and further reduced the price of diesel by 10 Sri Lankan rupees to bring it on par with that of state-owned Ceylon Petroleum Corporation (CPC).
"The Lanka IOC reduced diesel price by 10 rupees per litre and matches CPC price of 110 rupees per litre with effect from 00:00 hours of Friday," Lanka IOC managing director K. Ramakrishnan said Thursday, adding that the price of LIOC petrol would continue to match that of CPC at Rs.157 per litre.
This is the second price reduction by the LIOC within 48 hours, a week after Petroleum Minister A.H.M. Fowzie warned of takeover of all 153 LIOC outlets if the company did not bring its diesel price on par with CPC.
On Tuesday, LIOC reduced the diesel price by Rs.10 per litre.
Read more,
http://news.webindia123.com/news/articles/Business/20080626/985083.html
"The Lanka IOC reduced diesel price by 10 rupees per litre and matches CPC price of 110 rupees per litre with effect from 00:00 hours of Friday," Lanka IOC managing director K. Ramakrishnan said Thursday, adding that the price of LIOC petrol would continue to match that of CPC at Rs.157 per litre.
This is the second price reduction by the LIOC within 48 hours, a week after Petroleum Minister A.H.M. Fowzie warned of takeover of all 153 LIOC outlets if the company did not bring its diesel price on par with CPC.
On Tuesday, LIOC reduced the diesel price by Rs.10 per litre.
Read more,
http://news.webindia123.com/news/articles/Business/20080626/985083.html
No comments:
Post a Comment