By Anusha Ondaatjie, Asantha Sirimanne and Elizabeth Low (Bloomberg) –Sri Lanka is receiving Russian crude oil that it will use to make fuel as the bankrupt nation faces crippling shortages of.
Highlights: Crude set to be used at refinery that's been shut since March Nation needs cheap supply desperately as local crisis deepens Sri Lanka is receiving Russian crude oil that it will use to make fuel as the bankrupt nation faces crippling shortages of everything from gasoline to diesel. The Russian grade of Siberian Light will be processed at Ceylon Petroleum
The number of power shedding hours could be increased to as high as 15 hours a day and private transports could be pulled out from the services if the Sri Lankan government fails to supply fuel, officials said.