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Sri Lanka's 🇱🇰 Petroleum Corporation denies the $286 per barrel crude oil claim by HSBC CEO

⭕️“Oil headline is above $100–$110. If you are now trying to get oil from the Middle East, you may be paying $140–$150.

But the highest I’ve seen is $286 for a barrel of oil that reached Sri Lanka. This is not a country and an economy that can easily afford these kinds of prices sustainably.”

- HSBC CEO Georges Elhedery

⭕️ Sri Lanka imports crude oil solely for the Sapugaskanda refinery. It has neither paid nor agreed to pay $286 per barrel for any crude oil shipment it has procured or contracted. Sri Lanka has only paid $71.99–$113.29 per barrel. - CPC Chairman

#SriLanka #Energy

16 Apr 2026, 21:20

Sources

  1. Original post on X — Numbers.lk (@numberslka)

Comments

43

  1. They have

    6 months

  2. Why do I believe the HSBC CEO More than the Jeppi CPC 😂🤌🏻 Wisal Geeganage

    6 months

    1. Pasan Amaraweera https://www.facebook.com/share/v/18D4nnLTia/ because of this 😂💔

      6 months

    2. Wisal Geeganage budu ammoh ou neh bng, i was right all the way lol 😂

      6 months

  3. Lahiru Sigera Machan lasthi weyan හෝදන්න 😂

    6 months

  4. This news is coming from a bank that allegedly facilitated billions $ in money laundering for Mexican drug cartels 😳 A 2006 - 2010 investigation revealed the U.S. subsidiary failed to adequately monitor over $ 670 BILLION in wire transfers and $ 9.4 billion in cash purchases according to Google.

    6 monthsLikes:1

    1. Anil Vitarana so what? now related to this

      6 months

    2. Vilsan De Silva - it’s a matter of credibility!

      6 months

    3. Egoclothingsl LK - if someone or an organization knowingly aids or abets a criminal activity or enterprise that makes them guilty of criminal conduct. The fact that many getaway doesn’t legitimize such conduct.

      6 months

    4. Anil Vitarana HSBC is the 5th largest bank in the world, HSBC’s CEO has no benefit lying about a hunduwa like Sri Lanka. It’s a major global bank, it has faced its share of controversies like all every other cooperation. What’s more striking isn’t the CEO’s claim, it’s how someone managed to earn 480 million in just two years starting from nothing.

      6 months

    5. Anil Vitarana CPC accepted that they bought diesel for $286 check the news properly before tarnishing a brands reputation.

      6 months
    6. 1 more reply

  5. Sue whoever the MF at fault for creating all this chaos

    6 monthsLikes:1

  6. අරුන් හැත්තෑ පස් වසරක් හොරකම් කරපු එක මුං අවුරුදු දෙකට දෙන්න යන්නේ

    6 monthsLikes:2

  7. මම හිතුවේ අන්ර අය්යා ප්‍රන්ස බරා වාගේ රෙපියුජි යයි කියලා . බැලින්නම් මොනාකෝවල වගේ පාස්පෝට් එකක් සල්ලි දීල ගන්න සීන් එකක් තියෙන්නේ🤌😝🤌😝

    6 monthsLikes:1

  8. 😅

    6 monthsLikes:2

  9. What is yout fact finding Numbers.lk? Did we buy gor 286 or not?

    6 monthsLikes:1

  10. BOYCOTT THIS COUNTRY OF COWARDS https://www.facebook.com/share/p/1GYhP52mET/

    6 months

  11. Why is it In Sinhalese?

    6 months

    1. Gayan Abeysekera This is Srilanka

      6 months

    2. Maurice Arunasalamthe comment was made in a global forum. So how will this help

      6 monthsLikes:1

    3. Gayan Abeysekera your comment ...Why is it in sinhalese

      6 months

  12. How does the CEO of HSBC know that ? Is HSBC the banker for these transactions

    6 monthsLikes:3

    1. Erica S Tennakoon yes and also Standard Chartered Bank

      6 months

    2. Erica S Tennakoon have you heard of LC s ? 🤣🤣🤣

      6 monthsLikes:5

    3. Michael Ranasinghe why not ?? Lanka Coupons noh 🤔🤔... If these guys know what is LC they wouldn't have fallen to this trap na... 🤣🤣

      6 months

    4. Ilanko Arunachalam lanka coupons?? Letters of credit you mean 🤣🤣🤣

      6 months

    5. Michael Ranasinghe yes

      6 months
    6. 5 more replies

  13. Why can't the CPC release the price calculation?

    6 monthsLikes:4

    1. Read the press release.

      6 monthsLikes:2

    2. Rushan Kodikara the press release says sweet bugger all. There is a pricing formula that can be released . Those in power today demanded that the pricing be made known to the public when they were the Robin Hoods in the opposition. 🤣🤣

      6 months

    3. Michael in the press release they clearly say how much they got it right? So what's your point ?

      6 months

    4. Infiyaz Asm then what's this ,?

      6 months

    5. Egoclothingsl LK hi 🤡

      6 months
    6. 1 more reply

  14. Prathap Rajitha CPC නෑ කියලා statment එකක් දුන්නා කිව්වම විස්වාස කරන මේ වගේ වහල්ලු ඉන්නවා. මුන්ව මැකුවත් උන්ගේ වහල්කමින් බේරගන්න බෑ.. 🤦😪😪

    6 monthsLikes:1

    1. Chamila Gayan Maduranga HSBC ලොක්කා කිව්වා කිව්වමත් විශ්වාස කරන වහල්ලු ඉන්නවා 🤣🤣🤣🤣🤣🤣🤣 උන්ව මැකුවත් බයි කමින් බේරගන්න බෑ 😁😅😅🤣🤣😂🤣🤣😂

      6 monthsLikes:4

    2. Inshan Haniffa 3rd party facts විස්වාසයි. ආණ්ඩුව සහ CPC කියන්නේ දෙකම 1යි. උබ වහලෙක් නිසා CPC කියන එක ඇත්ත කියලා හිතපන්. 😅🙊

      6 monthsLikes:1
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