The Hon. (Dr.) Kavinda Heshan Jayawardhana

Samagi Jana Balawegaya· Gampaha· 20 November 2025 ·Oral question: Oral Question No. 2 (Q.812/2025): Sapugaskanda Oil Refinery Expansion and Modernization Project

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Hon. (Dr.) Kavinda Heshan Jayawardhana questioned why the Ceylon Petroleum Corporation is reportedly incurring losses despite higher fuel prices, no credit sales, halted commissions, and State-controlled distribution. He cited media reports of a 26 percent drop in CPC revenue and asked for an explanation in the context of broader energy-sector concerns, including slow progress on solar power.

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Machine-translated from Sinhala / Tamil / English

¶ 01 Yes; let me ask this then. While solar is moving slowly, the issue is with the Ceylon Petroleum Corporation. Media reports say CPC revenue has dropped by 26 percent. People pay higher fuel prices now; no one takes fuel on credit; commissions have stopped; distribution is by the State. Why then is CPC making losses?

Provenance

Source: Hansard, Thursday, 20 November 2025 ·No. 22934 ·English daily/uncorrected Hansard
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Cite as: The Hon. (Dr.) Kavinda Heshan Jayawardhana. 10th Parliament, Parliament of Sri Lanka. Hansard, 20 November 2025. No. 22934. Politick, https://staging.politick.io/lk/speeches/4296