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Sri Lanka has approved emergency spot purchases and issued tenders for fuel to bridge a shortfall of over 90,000 metric tons of crude oil, President Anura Kumara Dissanayake said on Tuesday (March 17).

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00:02Sri Lanka has approved emergency spot purchases and issued tenders for fuel to bridge a shortfall
00:09of over 90,000 metric tons of crude oil, President Anura Kumara De Sanayake said on Tuesday.
00:16This followed De Sanayake's announcement that Sri Lanka is currently unable to receive the
00:21two vessels carrying over 90,000 metric tons of crude oil within their scheduled time frame,
00:27resulting in a shortfall of fuel supply required to meet our needs.
00:57If you are not able to receive the one who will receive the two vessels, you will not be able
01:05to receive the two vessels.
01:08In this case, you will receive the two vessels.
01:11This is why you are able to receive the two vessels.
01:18Sri Lanka, which is recovering from a severe financial crisis that peaked in 2022,
01:23caused by a shortfall of dollars, faces a supply squeeze linked to the U.S.-Israeli war on Iran.
01:31Dissanayake said fresh tenders will be issued on Tuesday and Wednesday for petrol, diesel and crude oil shipments.
01:47Dissanayake said fresh tenders will be issued on Wednesdays in a bid to concede the U.S.-Israeli war on Iran.
02:15in a bid to conserve, although Colombo's ports and hospitals were still functioning normally.
02:20The South Asian island, which relies heavily on fuel imports, also began fuel rationing last weekend.
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