{"id":1601,"date":"2026-03-24T21:56:56","date_gmt":"2026-03-24T16:26:56","guid":{"rendered":"https:\/\/eelam24.com\/?p=1601"},"modified":"2026-03-24T21:56:56","modified_gmt":"2026-03-24T16:26:56","slug":"the-recent-fuel-price-hike-based-on-pricing-formula-cpc","status":"publish","type":"post","link":"https:\/\/eelam24.com\/?p=1601","title":{"rendered":"The recent Fuel price hike based on pricing formula \u2013 CPC"},"content":{"rendered":"<p>The recent fuel price increase was implemented in line with the pricing formula, said Managing Director of the Ceylon Petroleum Corporation, Mayura Neththikumara.<\/p>\n<p>Speaking at a media briefing today (24), he stated that the pricing formula is based purely on import costs and associated expenses.<\/p>\n<p>\u201cThere is no special formula. It is calculated based on the cost of importing fuel and the expenses involved,\u201d he said.<\/p>\n<p>He further noted that while the government may absorb a portion of the cost to provide relief to the public, the CPC submits its pricing based strictly on actual costs, after which the government makes the final decision on retail prices.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The recent fuel price increase was implemented in line with the pricing formula, said Managing Director of the Ceylon Petroleum Corporation, Mayura Neththikumara. Speaking at a media briefing today (24), he stated that the pricing formula is based purely on import costs and associated expenses. \u201cThere is no special formula. It is calculated based on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1251,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[52,59],"tags":[],"class_list":["post-1601","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local","category-breaking"],"_links":{"self":[{"href":"https:\/\/eelam24.com\/index.php?rest_route=\/wp\/v2\/posts\/1601","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eelam24.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eelam24.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eelam24.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eelam24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1601"}],"version-history":[{"count":1,"href":"https:\/\/eelam24.com\/index.php?rest_route=\/wp\/v2\/posts\/1601\/revisions"}],"predecessor-version":[{"id":1602,"href":"https:\/\/eelam24.com\/index.php?rest_route=\/wp\/v2\/posts\/1601\/revisions\/1602"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eelam24.com\/index.php?rest_route=\/wp\/v2\/media\/1251"}],"wp:attachment":[{"href":"https:\/\/eelam24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eelam24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eelam24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}