(EnergyAsia, March 16) — Sri Lanka’s state-owned Ceypetco expects the Treasury to pay off its remaining Rs 6 billion in fuel subsidy claims this year despite the prospect that oil prices might rise further this year. (US$1=Rs100). The Treasury has made good on more than half of last year’s claims of Rs 14 billion…
SRI LANKA: Ceypetco expects Treasury to complete Rs 6 billion subsidy payment this year
Posted on March 16, 2005 by EnergyAsia