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Susil+Premajayantha+reveals+reasons+behind+fuel+price+hikes
Monday, 11 June 2012 - 13:34
Susil Premajayantha reveals reasons behind fuel price hikes
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Minister of Petroleum Industries Susil Premajayantha quotes the countries indolence & technical dormancy as the basis for fuel price increases.

Expressing his views to our news team the minister went on to say that owing to non-advancements in the technical sector fuel imported to the country yields around 38% of furnace oil during refinement while around 20% is refined further to obtain petrol & diesel.

The minister notes that most of the apparatus used in the refining process are obsolete.

Hence, he noted that refining facilities will under go modifications in the near future.

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