No bus fare reduction in spite of Rs. 27 drop in diesel price

The National Transport Commission yesterday (01) said that bus fares will not be revised in spite of the fuel price reduction.The announcement was made after the Ceylon Petroleum Corporation (CEYPETCO) said it would amend the fuel prices from midnight Nov 30, 2023. Lanka IOC, the local subsidiary of the Indian Oil Corporation, and Sinopec Energy Lanka (Pvt) Ltd. – the Beijing-based oil and gas giant’s subsidiary in Sri Lanka – too have revised their fuel prices.

The revised rates are as follows:

• Petrol 92 Octane – Rs. 346 (reduced by Rs. 10)

• Petrol Octane 95 – Rs. 426 (increased by Rs. 3)

• Auto Diesel – Rs. 329 (reduced by Rs. 27)

• Super Diesel -Rs. 434 (increased by Rs. 3)

• Lanka Kerosene – Rs. 247 (reduced by Rs.2)