Inside Sri Lanka's Fuel Crisis: Refinery Runs Out Due to Forex Shortage, People Die in Queue For Petrol

Two men in Sri Lanka died on Sunday in separate incidents while waiting for their turn in queues to receive fuel as the South Asian country is battling against soaring prices of commodities and financial challenges.

The men were believed to be in their seventies and died while waiting for petrol and kerosene in Sri Lanka's two different parts, according to local officials.

alibaba to use robots in gas stations
Petrol pump station Kim Kyung-Hoon/File Photo/Reuters

In two of the deceased men, one was a three-wheeler driver who had diabetes and heart issues and the second was a 72-year-old man.

Foreign Currency Reserves

Sri Lanka is marred by financial challenges and citizens here have been queueing up at pumps for hours due to power cuts.

Oil Refinery
Oil Refinery (Representational Picture) Needpix

The country's only fuel refinery ran out of crude oil stocks on Sunday as it is facing issues in getting foreign currency.

Sri Lanka Battles Inflation

Due to the rising inflation, people in Sri Lanka are avoiding the use of cooking gas as prices have surged and started using kerosene oil.

A 12.5 kg cylinder gas price has surged to $4.94 on Sunday. Since January, Colombo is facing issues with finding dollars to pay fuel shipments as its foreign currency reserves shrunk to $2.31 billion in February.

Inflation in Sri Lanka crossed the 15% mark with its food inflation nearing 25% as on Saturday milk powder prices surged by $0.90 for a 400g. It has forced the sellers to raise the price of a cup of tea by 100 Sri Lankan rupees.