Srilanka, March 4 -- Oil distributors have expressed their agreement to the new pricing formula introduced by the Ceylon Petroleum Corporation (CPC), according to Cabinet Media Spokesperson Minister Nalinda Jayatissa.

At a press conference held today to announce cabinet decisions, Minister Jayatissa confirmed that the new formula is being implemented. Additionally, a follow-up discussion is scheduled for March 18 to review the distributors' proposal.

Published by HT Digital Content Services with permission from Daily News Sri Lanka....