header logo
සිංහලதமிழ்
Asia asset finance
Latest
Committee appointed to evaluate companies for importing petroleum products
Aug 06, 202209:21 AM
Committee appointed to evaluate companies for importing petroleum products

A committee was appointed on Friday (Aug 06) appointed to evaluate suitable companies to import, distribute and sell petroleum products, Minister of Power & Energy Kanchana Wijesekera says.

 

According to the lawmaker, the objectives of the newspaper advertisement inviting new companies to enter the fuel sector have been briefed prior to the commencement of the evaluation.

 

Through this move, multiple companies will gain the opportunity to engage in the petroleum industry in Sri Lanka with the Ceylon Petroleum Corporation (CPC) and Lanka IOC.

 

A discussion in this regard was held between Minister Wijesekera and the relevant authorities.

 

 

Committee was appointed yesterday to evaluate suitable companies to import, distribute & sell petroleum products. Objectives of the advertisement was briefed before they begin evaluation. Multiple companies will get to engage in the Petrolieum Industry in SL with CPC & LIOC. pic.twitter.com/uvfMcbRGW1

— Kanchana Wijesekera (@kanchana_wij) August 6, 2022
 

 

 

 

MostRead
Mobitel 5g
VideoStories
Former MP Udaya Gammanpila claims Suresh Sallay on hunger strike in CID custody

Former MP Udaya Gammanpila claims Suresh Sallay on hunger strike in CID custody

Govt assures fair paddy prices aligned with farmers' production costs

Govt assures fair paddy prices aligned with farmers' production costs

Schools must serve as safe and secure spaces for children -PM Harini Amarasuriya

Schools must serve as safe and secure spaces for children -PM Harini Amarasuriya

Sri Lanka's dengue cases cross 35,000 with 19 deaths reported so far this year

Sri Lanka's dengue cases cross 35,000 with 19 deaths reported so far this year

Sri Lanka marks World Environment Day 2026 under Presidential patronage

Sri Lanka marks World Environment Day 2026 under Presidential patronage

Govt is misusing PTA in an unprecedented manner, Dilith Jayaweera says

Govt is misusing PTA in an unprecedented manner, Dilith Jayaweera says

MP Upali Pannilage claims Anguruwatota elders’ home was not registered with any relevant authority

MP Upali Pannilage claims Anguruwatota elders’ home was not registered with any relevant authority

Private bus operators demand 5% fare revision following the fuel price hike

Private bus operators demand 5% fare revision following the fuel price hike

MP Ravi Karunanayake submits motion seeking parliamentary committee to probe CBSL independence

MP Ravi Karunanayake submits motion seeking parliamentary committee to probe CBSL independence

Sri Lanka likely to face drought in July-August as El Nino threat grows - Met Dept.

Sri Lanka likely to face drought in July-August as El Nino threat grows - Met Dept.

Funds collected under ‘Rebuilding Sri Lanka’ initiative remain unused in Treasury DST account?

Funds collected under ‘Rebuilding Sri Lanka’ initiative remain unused in Treasury DST account?

Fuel import costs hit USD 522 million in May,highest monthly foreign reserve outflow

Fuel import costs hit USD 522 million in May,highest monthly foreign reserve outflow

Cabinet approves allocation of over Rs. 500 million for key development projects in 23 cities

Cabinet approves allocation of over Rs. 500 million for key development projects in 23 cities

“Govt. will fulfill public aspirations” Past welfare programs fostered political dependency: PM

“Govt. will fulfill public aspirations” Past welfare programs fostered political dependency: PM

"CPC incurring massive losses on fuel sales" Cabinet Spokesman says fuel price revisions inevitable

"CPC incurring massive losses on fuel sales" Cabinet Spokesman says fuel price revisions inevitable

Lassana Flora