Record 10-hour power cuts in Sri Lanka as fuel crisis worsens Posted on March 31, 2022 by cngpump The South Asian nation of 22 million people is in its worst economic crisis since independence in 1948, because of a severe shortage of foreign currency to pay for imports. Related posts: Sri Lanka to prioritise tourism sector for gas, fuel distribution Jaishankar visits Lanka IOC to take stock of fuel supply situation RBI issues notification to operationalise $500 mn loan to Sri Lanka for petroleum products CERAWEEK-U.S. energy secretary urges companies to boost oil, gas output Russia warns West of $300 per barrel oil, cuts to EU gas supply Kerala HC declines to stay OMCs decision to hike price of bulk diesel purchase European nations remain biggest importers of Russian energy ANALYSIS-Ukraine crisis forces world to confront its oil and gas addiction India’s February fuel demand rises 5.4% year-on-year India, UAE should look at USD 250 billion trade by 2030: Piyush Goyal