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Sri Lanka's IOC unit authorised to open 50 new filling stations

Sri Lanka's IOC unit authorised to open 50 new filling stations
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Sri Lanka , Manoj Gupta , Sri Lanka Ministry Of Power Energy , Indian Oil Corporation , Director Manoj Gupta , Monday August ,

Indian Oil Corp unit to open 50 fuel stations in Sri Lanka to battle crisis

Sri Lanka is currently experiencing major fuel shortage along with the worst inflation since gaining independence in 1948. The shortage of foreign exchange has resulted in food and fuel shortages in the past few months but there is some good news for the struggling island nation. India's Lanka Indian Oil Corporation (LIOC) has announced that they will be opening around 50 new fuel stations in the country in order to boost the fuel supply. LIOC, a subsidiary of the Indian Oil Corporation, already has 216 stations all around the country and is also listed on the Colombo Stock Exchange. ....

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