Colombo: The last of the fuel shipments due under the Indian Line of Credit are arriving in Sri Lanka this month with no indications on the sustenance of future supplies which are dependent on India’s assistance.
Sri Lanka is going through the worst economic crisis since its independence from Britain in 1948.
The economic crisis has prompted an acute shortage of essential items like food, medicine, cooking gas and other fuel, toilet paper and even matches, with Sri Lankans for months being forced to wait in lines lasting hours outside stores to buy fuel and cooking gas.
Also Read Sri Lanka PM announces financial safety net for social security We are expecting the last diesel shipment under ILC (Indian Line of Credit) on June 16 and the last petrol shipment on June 22,” energy minister Kanchana Wijesekara told reporters.
Sri Lanka’s fuel purchases have been totally dependent on the ILC – a USD 500 million credit line initially which was supplemented with another USD 200 million later.
The island has been experiencing long lines for fuel refilling since mid-February with pressure coming on the diesel supplies for thermal power generation.
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