Sri Lanka to Continue QR-Based Fuel Distribution System š
⢠Policy & Rationale: The Government of Sri Lanka will maintain its QR-based fuel quota mechanism due to unresolved Middle East conflicts and global market volatility around the Strait of Hormuz. The system aims to ensure orderly distribution, prevent supply disruptions, and manage national reserves. ⢠Consumption Trends: Total fuel usage has recorded a moderate decrease following the implementation of the QR framework: ⢠Diesel: Consumption down by 10% ⢠Petrol: Consumption down by 9% ⢠Sector Allocation: Fuel stocks are currently prioritized for essential sectors to sustain core economic activity and maintain daily operations amid continuing global energy market uncertainties.
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