Sri Lanka can’t afford enough fuel imports, Energy Minister says

 

Sri Lanka can’t afford enough fuel imports, Energy Minister says Sri Lanka is still struggling to afford international fuel prices and is unable to fully procure the country’s requirements, Power and Energy Minister Kanchana Wijesekera said. 

The cash-strapped country is still seeking financial assistance from oil-producing countries, but has yet to secure any aid apart from an existing deal with India, Wijesekera said Tuesday on the sidelines of the ADIPEC conference in Abu Dhabi. 

It earlier implemented a national fuel management program that helped reduce consumption by 40%, and is also still in discussions with the International Monetary Fund for financial aid, he said.