The Hon. Kumara Jayakody - Minister of Energy

Jathika Jana balawegaya· National List· 7 April 2026 ·Oral question: Oral Question: SriLankan Airlines - A330-200 Aircraft Acquisition and Fertilizer Distribution

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Minister Kumara Jayakody provided detailed figures on fuel costs, taxes, operating charges, CPC volumes, imports, refinery output, and current procurement orders in response to a question on fuel pricing and supply. He stated that pricing is based on cost and tax components, with no tax on kerosene, and noted that at the March price revision the Government absorbed about Rs. 100 per litre on diesel and Rs. 20 per litre on Octane 92 as relief. He also explained that Sapugaskanda refinery utilization is below design capacity because it now uses Murban crude instead of Iranian Light crude due to sanctions, reduced high-sulphur fuel oil demand, and sulphur reduction requirements for the West Coast Power Plant.

Verbatim record (translated)

Machine-translated from Sinhala / Tamil / English

¶ 01 Hon. Speaker, in response:

¶ 02 01. Costs per litre (as at the price revision announced on 21 March):

¶ 03 - Petrol 92: Cost Rs. 272.65; Operations (unloading/handling) Rs. 21.78 - Petrol 95: Cost Rs. 321.96; Operations Rs. 23.68 - Lanka Auto Diesel: Cost Rs. 425.70; Operations Rs. 22.48 - Lanka Super Diesel: Cost Rs. 198.74; Operations Rs. 18.35 - Lanka Kerosene: Cost Rs. 372.13; Operations Rs. 22.90

¶ 04 02. Taxes per litre:

¶ 05 - Petrol 92: Customs Duty Rs. 72.00; Excise/VAT etc. Rs. 64.29 - Petrol 95: Customs Duty Rs. 72.00; Excise/VAT etc. Rs. 77.21 - Lanka Auto Diesel: Customs Duty Rs. 50.00; Excise/VAT etc. Rs. 88.39 - Lanka Super Diesel: Customs Duty Rs. 15.00; Excise/VAT etc. Rs. 50.75 - Lanka Kerosene: No tax levied.

¶ 06 Pricing is calculated based on costs and taxes as above.

¶ 07 03. Estimated CPC volumes (MT):

¶ 08 Monthly / Annual - Lanka Auto Diesel: 93,766 / 314,293 - Lanka Super Diesel: 2,411 / 9,264 - Petrol 92: 72,084 / 351,832 - Petrol 95: 2,160 / 10,195 - Furnace Oil: 44,638 / 217,876 - Aviation Fuel/ Kerosene: 53,794 / 134,842

¶ 09 04. Imports and receipts Jan–Mar 2026 (selected entries):

¶ 10 Crude: - CR/03/2026 – 95,437 MT, arrived 14/01/2026 - CR/03/2026 – 95,181 MT, arrived 31/01/2026 - CR/04/2026 – 93,181 MT, arrived 19/02/2026 - CR/06/2026 – 86,226 MT, arrived 11/03/2026

¶ 11 Products (examples): - BK/05/2026 – Lanka Auto Diesel 36,555 MT; 18/01/2026; delivered to Kolonnawa/JCT/Orugodawatta - BK/06/2026 – Auto Diesel 29,711 MT; 24/02/2026 - BK/11/2026 – Lanka Auto Diesel 35,521 MT; 25/03/2026 - BK/06/2026 – Lanka Super Diesel 6,705 MT; 24/02/2026 - BK/02/2026 – Petrol 92 37,295 MT; 09/01/2026 - 10/04/2026 – Petrol 92 28,651 MT; 05/02/2026 - BK/07/2026 – Petrol 92 36,277 MT; 22/02/2026 - BK/09/2026 – Petrol 92 36,759 MT; 07/03/2026 - BK/10/2026 – Petrol 92 30,541 MT; 27/03/2026 - BK/04/2026 – Petrol 95 4,826 MT; 05/02/2026 - BK/10/2026 – Petrol 95 5,241 MT; 27/03/2026 - BK/03/2026 – Aviation fuel 37,201 MT; 30/01/2026 - 08/03/2026 – Aviation fuel 37,052 MT; 05/03/2026

¶ 12 05. Refined imports: Lanka Auto Diesel, Lanka Super Diesel, Petrol 92, Petrol 95, Furnace Oil, Jet A-1.

¶ 13 Domestic refining at Sapugaskanda (using Murban crude) at normal operations 5,300 MT/day yields approx.: - LPG 70 MT/day - Petrol 92 – 540 MT/day - Chemical naphtha – 420 MT/day - Jet A-1/kerosene – 1,050 MT/day - Auto diesel – 1,600 MT/day - Furnace oil – 1,400 MT/day

¶ 14 Up to March 2026: Refined vs imports (MT): - Lanka Auto Diesel: refined 141,855; imports 66,265 - Petrol 92: refined 46,931; imports 169,522 - Petrol 95: imports 10,067 - Furnace oil: 110,290 - Aviation fuel: 77,582

¶ 15 06. Sapugaskanda design capacity: 6,700 MT/day (with Iranian Light crude). Current utilization: 5,300 MT/day (Murban crude). Shift from Iranian Light to Murban occurred due to sanctions restricting Iranian crude, reduced HSFO demand (closure of many HSFO-using plants), and the need to reduce sulphur for the West Coast Power Plant.

¶ 16 07. Current orders (premiums/cargo) include: - Crude 90,000 MT – Aditya Birla Global Trading (Singapore) Pte Ltd – USD 2.36/bbl - Crude 90,000 MT – Vitol Asia Pte Ltd – USD 2.54/bbl - Lanka Auto Diesel 37,300 MT – Trafigura Pte Ltd – USD 4.080/bbl - Lanka Auto Diesel 37,300 MT – Aditya Birla Global Trading – USD 45.642/bbl - Lanka Auto Diesel 32,500 MT – Aditya Birla Global Trading – USD 50.691/bbl - Lanka Auto Diesel 32,000 MT – Trafigura Pte Ltd – USD 48.000/bbl - Lanka Super Diesel 5,000 MT – Aditya Birla Global Trading – USD 7.720/bbl - Petrol 92 30,300 MT – Aditya Birla Global Trading – USD 23.790/bbl - Petrol 92 35,300 MT – Aditya Birla Global Trading – USD 18.642/bbl - Petrol 95 5,000 MT – Aditya Birla Global Trading – USD 20.810/bbl - Furnace Oil 30,000 MT – Aditya Birla Global Trading – USD 166.000/MT - Jet Fuel 35,000 MT – Vitol Asia Pte Ltd – USD 62.630/bbl - Jet Fuel 8,000 MT – Trafigura Pte Ltd – USD 48.000/bbl

¶ 17 Additionally, at the March revision, the Government absorbed around Rs. 100 per litre on diesel and Rs. 20 per litre on Octane 92 as relief. We will continue to provide necessary relief while maintaining supply security. Note that CPC operates with only about 57% of the market; private suppliers (three companies) sought increases exceeding Rs. 200, influencing overall price decisions. Despite this, the Government has managed the situation without shortages, while addressing CPC’s legacy debt burden.

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Source: Hansard, Tuesday, 7 April 2026 ·No. 23476 ·English daily/uncorrected Hansard
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Cite as: The Hon. Kumara Jayakody - Minister of Energy. 10th Parliament, Parliament of Sri Lanka. Hansard, 7 April 2026. No. 23476. Politick, https://staging.politick.io/lk/speeches/506