Prime Minister Dr. Harini Amarasuriya has disclosed that fuel import expenditure nearly doubled in the first six months of 2026 compared to the same period last year, reaching over USD 3.1 billion.
Sri Lanka's spending on fuel imports has increased substantially during the opening half of 2026, according to statements made by Prime Minister Dr. Harini Amarasuriya in Parliament. The administration spent approximately USD 3,168 million on fuel purchases between January and June this year, representing a significant rise from USD 1,995 million during the corresponding six-month period in 2025.
The Prime Minister disclosed these figures while addressing a parliamentary question regarding the potential impact of Middle Eastern geopolitical tensions on global crude oil prices and the nation's import costs. Her comments suggest that external factors, including regional conflicts, may be contributing to elevated international fuel prices affecting Sri Lanka's import bill.
The increase in fuel expenditure reflects broader challenges facing the island nation's foreign exchange reserves and import commitments. With fuel costs now consuming a larger portion of the national import budget, the rising trend may prompt discussions on energy policy and import management strategies within government circles.
