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Friday 19 July 2019
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Regulating Petroleum

Regulating Petroleum

The new Ceylon Petroleum Corporation (CPC) Act which is expected to bring in far-reaching changes, is in the limbo with intensifying political hurdles and the Government might not be able to enact the much-needed Act due to division within the administration in the run-up to the General Election 2015, The Sunday Leader learns.

“Although the Act has been finalized and sent to the Attorney General three months back, the Ministry had failed to give green-light for over six weeks prior to dissolution of Parliament. So we hope the political delay can be removed and that this important piece of legislation can be enacted soon.”


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