Petroleum Products Special Provisions Amendment Bill passed in Parliament

The second reading of the the Petroleum Products Special Provisions Amendment Bill was passed with a majority of 60 votes in Parliament a short while ago.

A total of 77 MPs voted in favour and 17 MPs voted against the Bill.

Petroleum trade unions resorted to a sick-leave strike today, in protest of the bill, which is expected to pave the way for liberalisation of the petroleum industry.

Minister of Power & Energy Kanchana Wijesekera stated that the bill would facilitate new global retail suppliers to Sri Lanka, encourage investments and set up an Energy Supply Committee to regulate.