A controversy has emerged over the recent fuel price increase in Sri Lanka, with senior officials offering conflicting explanations on how prices were calculated.

At a Cabinet media briefing today (24), Cabinet Spokesperson Dr. Nalinda Jayatissa stated the current fuel price levels were not calculated strictly according to the official fuel price formula.

He noted the government considered broader economic realities, external factors and practical limitations when applying the formula under present conditions.

Dr. Jayatissa emphasized adjustments were necessary given the current economic situation.

However, in a separate press event held this evening, Dr. Mayura Neththikumarage, Managing Director of the Ceylon Petroleum Corporation (CPC), stressed that the recent fuel price increase was implemented strictly in line with the official pricing formula.

He further noted that all calculations were based on real‑time data as outlined in the formula.

The official fuel pricing formula is designed to translate global oil prices into local fuel costs, taking into account transportation, processing, taxes and other factors.

It is intended to produce a cost‑reflective price.

This divergence in statements comes amid ongoing fuel supply pressures linked to global market conditions, including disruptions from the Middle East conflict that have driven international oil costs higher.

The government has faced public criticism over fuel pricing and transparency, with calls for clearer methodology on how price revisions are determined each month.