New CPC Chairman for cost-cutting

Anjana Samarasinghe

APPOINTMENT: The newly appointed Chairman of the Ceylon Petroleum Corporation (CPC) will specially focus on cost reduction in CPC operations and explore the possibility of reducing local fuel prices.

Chairman of the CPC Asantha de Mel told Daily News his main priority will be cost reduction in the Corporation and delivering its benefits to the consumers.

Operations and systems of the CPC should be carefully studied to find better solutions to reduce the costs of the CPC. It is important to find ways on reducing fuel prices due to their effect on other consumer goods, he said.

The newly appointed Chairman also said that he will focus on strengthening the oil distribution process too.

Talking about the CPC trade unions de Mel said he expects to maintain a cordial relationships with the trade unions for the development of the Corporation.

Former CPC Chairman Jaliya Medagama resigned Saturday due to personal reasons and former test cricketer Asantha de Mel assumed position of Chairman recently.