India delivers more petrol, diesel to Sri Lanka as it grapples with severe fuel crisis
Total supply of various types of fuel under Indian assistance now stands at more than 270,000 MT
India has delivered one consignment each of 36,000 MT petrol and 40,000 MT diesel to Sri Lanka in the last 24 hours under New Delhi’s US$ 500 million line of credit for fuel.
The supplies came even as Sri Lanka grappled with an unprecedented economic crisis which has hit the availability of fuel and essential items in the island-nation.
A tweet by the Indian High Commission in Sri Lanka on Wednesday said, “Indian credit line for fuel at work!!! One consignment each of 36,000 MT petrol and 40,000 MT diesel was delivered to SriLanka in the last 24 hours".
“Total supply of various types of fuel under Indian assistance now stands at more than 270,000 MT,” the tweet added.
On Saturday, a consignment of 40,000 MT of diesel under Indian assistance through Line of Credit of US$500 million was handed over by Indian High Commissioner Gopal Baglay to Sri Lanka Energy Minister Gamini Lokuge.
Saturday’s consignment was the fourth under the fuel Line of Credit, with previous deliveries on March 16, March 20 and March 23 respectively.
Sri Lankan Prime Minister Mahinda Rajapaksa had thanked Prime Minister Narendra Modi for the recent Indian economic development assistance and credit facilities to Sri Lanka and said he expected the Indian Government would pay special attention to Sri Lanka's development in the future as well.
It may be recalled that the Export Import Bank of India and the Government of Sri Lanka signed a US$ 500 million Line of Credit Agreement for purchase of petroleum products on February 2 this year.