Trishaw drivers push their vehicles as they move up in line to buy fuel in Colombo, Sri Lanka, on July 29. © Reuters

An agreement was signed today at the Presidential Secretariat between the government and RM Parks Inc., a prominent international company operating in collaboration with Shell, marking a significant step towards securing a long-term contract for the import, storage, and transportation, distribution and sale of petroleum products in the country.
In the presence of the President, Mapa Pathirana, the Secretary of the Ministry of Power and Energy, along with Justin Divis, Vice President of RM Parks Company, formally signed the agreement.
This development comes after the ministry explored various strategies to overcome the
challenges posed by the foreign exchange crisis and guarantee a continuous fuel supply to the consumer,said the Presidential Media Division in a statement.