CPC to formulate methodology to further reduce fuel prices.

• CNL Reporter
• July 25, 2025
• News
• fuel prices.
• 0 Comments

The Ceylon Petroleum Corporation (CEYPETCO) says that attention has been drawn to a methodology that could further reduce fuel prices.

Accordingly, the process looks to minimize maintenance costs, including spare parts, of bowser trucksCEYPETCO Managing Director, Dr. Mayura Nettikumara says that suppliers have agreed to implement a cost management plan.

Discussions were held with bowser truck owners, where a proposal was made for them to purchase items such as insurance, batteries, and other essential supplies in bulk.This, he noted, would significantly reduce their overall costs, ultimately benefiting the general public.

An agreement was reached on this approach, and the owners have requested one week to finalize their expenses before a final decision is made.