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New Indian Credit Line To Help Buy Fuel For Another 4 Months: Lanka PM

New Indian Credit Line To Help Buy Fuel For Another 4 Months: Lanka PM

NDTV
Tuesday, June 14, 2022 05:57:15 PM UTC

The gas from this shipment will be delivered to premises that obtain stocks in bulk like hospitals, hotels, crematoriums, he was quoted as saying by the News First website.

Sri Lanka Prime Minister Ranil Wickremesighe on Tuesday said that a new Credit Line provided by India will support the cash-strapped island nation's fuel purchase for another four months from July even as an LPG shipment of 3,500 MT reached Sri Lanka.

The gas from this shipment will be delivered to premises that obtain stocks in bulk like hospitals, hotels, crematoriums, he was quoted as saying by the News First website.

The next shipment will deliver LPG for a period of four months and it will take another 14 days for us to access that shipment, Mr Wickremesighe said, adding that Sri Lanka is in talks to secure a shipment within those 14 days.

He said authorities will ensure that there is a continuous supply of fuel, but it will only meet 50 per cent of the current demand.

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