The Minister of Power and Energy, Kanchana Wijesekera, stated that Lanka IOC will be launching a 100 Octane premium petrol to the market from today (02). In a post on ‘X’ (formerly Twitter), Wijesekera stated that he had a meeting and discussions with the Chairman and the Senior Management of Lanka IOC. “We discussed the development plans of the retail outlet network of LIOC, tank farm development, lubricant market, fuel pricing formula and the proposed oil pipeline between India and Sri Lanka,” he said.