The Indian Oil Company's subsidiary in Sri Lanka has dismissed as "mischievous and factually incorrect" the allegations that it was responsible for the fuel shortage in the island nation. The Lanka Indian Oil Company (LIOC) yesterday received flak for the fuel shortage after motorists lined up in long queues at petrol stations. "As a reliable distributor of petroleum products in Sri Lanka over many years, LIOC is making all efforts to assist in the early resolution of this problem. "Thus, large shortages across the country can only be caused by disruption in supplies of CPC (the Sri Lankan government petroleum entity)," the statement said. It is total misrepresentation of facts that diesel is not being sold by LIOC sheds," the statement said.

Source: Economic Times November 07, 2017 05:26 UTC