### 📈 Shipping Logistics Emerge as Primary Risk to Energy Security
Energy Minister Kumara Jayakody informed Parliament that while Sri Lanka possesses the necessary foreign exchange and global oil stocks are available, a breakdown in global supply chains and high insurance premiums have made securing vessels the critical bottleneck.
• Current Inventory Status
92 Octane Petrol: Sufficient until 23 April.
95 Octane Petrol: Sufficient until 10 May.
Diesel: Tightest supply, sufficient until 12 April.
Super Diesel: Sufficient until 10 May.
• Strategic Response
Alternative Sourcing: Government is reviewing new tenders for crude oil and negotiating with other oil-producing nations.
Emergency Procurement: A special committee has been appointed to secure alternate supplies and explore links to the International Energy Agency’s (IEA) planned reserve releases.
Demand Management: The QR-based fuel quota system remains in place; allocations are being "scientifically" managed based on the emergency.
• Risk Factors
Power Disruptions: While the government aims to avoid blackouts, power cuts have not been ruled out due to potential electricity generation gaps.
External Shocks: The crisis is attributed to the Middle East conflict, with officials noting that logistics, rather than liquidity, is now the binding constraint.
Inflation: Data has been sent to the Finance Ministry to assess the impact of rising fuel prices on the wider economy.