Sri Lanka left with fuel stocks for around five days, minister says

COLOMBO: Sri Lanka's fuel stocks will last for about five more days, its power and energy minister said on Thursday , as the island nation awaits official confirmation from the Indian government for a new US$500 million credit line for fuel.

Chronic fuel shortages have worsened this week with kilometres long lines at some gas stations countrywide, leading to sporadic protests as vehicle owners wait, sometimes overnight, for petrol and diesel. Sri Lanka is unable to make US$725 million in overdue payments to suppliers and also struggling to open letters of credit for future shipments, Power and Energy Minister Kanchana Wijesekera said.

"We are expecting a petrol shipment within the next three days and another two shipments in the next eight days," he added.

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