inner slider

Recognizing the importance of having a policy making body separately in respect of upstream and downstream petroleum activities, the Ministry of Petroleum and Petroleum Resources Development was established under the Government Extraordinary Gazette No. 1422/22 dated 08.12.2005.

overview building

After that, The Ministry of Petroleum Industries was established under the Government Extraordinary Gazette Notification No. 1651/20 dated 30.04.2010 which was responsible only for downstream activities of the petroleum sector and upstream activities was directly steered by the then H.E. the President. However, the Ministry of Petroleum Resources Development which is currently responsible for upstream and downstream activities of petroleum sector was established by virtue of Government Extraordinary Gazette Notification No. 1933/13 dated 21.09.2015.

The demand for the fuel consumption has increased due to rapid development taking place in the country at present. Based on the cross cutting features of upstream and downstream petroleum industry among all economic development sectors, the petroleum sector has to develop in order to ensure the energy security of the country. In this endeavor, the Ministry of Petroleum Resources Development, as the policy making and the chief accounting body of the four entities namely the Ceylon Petroleum Corporation, the Ceylon Petroleum Storage Terminals Ltd, the Petroleum Resources Development Secretariat and Polipto Lanka (Pvt) Ltd plays an important role in formulation and implementation of all relevant policies, guidelines and development projects in achieving the set goals and targets while keeping its duties and responsibilities of administration and management. There are four main Divisions namely Administration, Development, Procurement and Finance being functioned within the Ministry under the heads of three Additional Secretaries to support the Secretary and the Hon. Ministers in order to ensure the efficient and effective decisions making.


Our Vision

To make Sri Lanka the energy hub of Asia…

Our Mission

Enhancing access to low cost energy to meet national needs by management of fuel importation and integration of domestic new energy sources into the energy mix, and ensuring an environmental friendly sustainable energy supply by regulation of energy related policy enforcement in complying with relevant laws and regulations

Our Objectives

  • Make Sri Lanka an energy self-sufficient nation by 2030.
  • Optimum production of domestic oil and natural gas by 2030.
  • Meet petroleum product demand of the country through our own processing by 2030.
  • Upgrade quality of Die sel and Gasoline to E URO III and EURO IV standards respectively by 2020.
  • Storage and distribution of fuel more efficiently and safely.
  • Minimize haphazard disposal of plastic waste to the environment by converting it into petroleum fuel.
  • Enhance the quality and reliability of fuel supply.
  • Promote fuel conservation.

Current Local Fuel Prices





Petrol 92 Octane : Rs. 355.00 Per Litre

Petrol 95 Octane : Rs.420.00 Per Litre

Auto Diesel : Rs. 317.00 Per Litre

Lanka Super Diesel : Rs. 377.00 Per Litre

Lanka Industrial Kerosene : 260.00

Kerosene : Rs 202.00 Per Litre


Source : Ceylon Petroleum Corporation


No result.