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Business > Foreign Business
US company signs agreement to enter retail fuel market in crisis-hit Sri Lanka
By Associated Press
Jun 10, 2023 12:15 am
It can sell petroleum products through 150 fuel stations currently operated by state-run Ceylon Petroleum Corp. and also invest in 50 new fuel stations, the ministry said.
The agreement will help 'address the foreign exchange crisis in Sri Lanka and ensure a steady supply of fuel,' the president's office said in a statement.

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