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Sri Lanka struggling to secure fresh fuel supplies, minister says

Sri Lanka struggling to secure fresh fuel supplies, minister says

CNN
Monday, June 27, 2022 10:46:12 AM UTC

Sri Lanka is struggling to secure fresh fuel supplies, a top government minister said on Sunday, as the crisis-hit country of 22 million people is down to just 15,000 tons of petrol and diesel to keep essential services running in the coming days.

The island is wilting under its worst financial crisis in seven decades with foreign exchange reserves at record lows leaving it scrambling to pay for essential imports including fuel, food and medicine.

"We are struggling to find suppliers. They are reluctant to accept letters of credit from our banks. There are over $700 million in overdue payments so now suppliers want advance payments," Power and Energy Minister Kanchana Wijesekera told reporters.

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