New low cost petrol for trishaws

A new, low cost petrol type would be introduced only for three-wheelers by next month, Petroleum Minister Arjuna Ranatunga said.

Speaking to media at the Ministry yesterday (17), he said that the type of petrol had a lower-octane value and would be Rs. 8 lower than the current standard petrol price.
“Several experiments are also underway to make the new petrol compatible with motorcycles, but we hope this will be used for certain old motor bicycles,” he noted.

Noting that around 100 filling stations islandwide were identified to issue this new petrol, the minister further said, "the ministry is also hoping to discuss with the Finance Ministry to reduce taxes for this petrol. If we managed to reduce the tax for the new petrol type, we would be able to issue petrol at a very low price than the scheduled eight rupees."