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“Despite the huge increase in fuel prices in the world market, the government has managed to hold the current fuel prices without revising them for 21 months. Unfortunately, the government can no longer keep prices stable. There has never been a time in history when prices in the world market have not been revised for such a long time. A loss of Rs. 331 billion will be incurred by the Ceylon Petroleum Corporation (CPC) by the end of 2021 due to the continuous purchase of fuel at higher prices with low sales at lower prices,” the Minister said.
http://www.dailymirror.lk/print/front_page/Fuel-prices-up/238-213959
