lioc

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    Bus Strike Looms as Sri Lanka Grapples with Rising Fuel Costs

    Colombo, March 22 Non-state bus operators in Sri Lanka warned on Sunday that 90% of their fleet may be out of service due to the extensive increase in fuel prices, which came into effect at midnight.The island nation raised fuel retail prices at midnight, the second such increase in a week...
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    Sri Lanka’s Fuel Rationing System: A Response to Global Supply Chain Disruptions

    Colombo, March 15 Sri Lanka implemented a fuel rationing system using QR codes on Sunday, in response to a potential crisis situation due to the ongoing conflict in the Middle East.Cars are allowed 15 liters per week, while buses are allowed 60 liters per week, according to the Ministry of...
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    Sri Lanka's Energy Security: LIOC Reaffirms Commitment

    Colombo, March 14 A top official of Lanka Indian Oil Corporation, the company's Sri Lanka operation, assured continued fuel supplies on Saturday amidst the ongoing conflict in the Middle East.The statement from Lanka Indian Oil Corporation (LIOC) comes after Sri Lanka's foreign minister...
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