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Sunday, 14 October 2012 - 12:56
IOC opens discussions on revising prices of petrol
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A Senior Spokesperson of the Lanka IOC said that discussions are being held regarding a revision of petrol prices.

Managing Director of the Company Subodh Dhakwale had previously stated that LIOC petrol prices could witness an increase in prices as prices in the world market have seen a continuous increase.

He also stated that LIOC suffers a loss of 8 Rupees per litre of petrol.

However, no decision has been taken to increase prices.

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