The Cabinet has approved a proposal to establish a subsidiary of the Ceylon Petroleum Corporation (CPC) to enable it to start its Liquefied Petroleum Gas business utilising refined products.
The proposal made by the Energy Minister also stated that a feasibility study is being carried out to set up a new refinery with a capacity of 10,000 barrels per day, and plans are being drawn up to expedite the implementation of these development projects.
“The Sapugaskanda refinery owned by the CPC produces 70 to 90 metric tons of LP gas per day, which is five percent of the country’s demand. The CPC has now recognised the importance of entering the gas market as the third competitor,” the Cabinet proposal stated.
CPC to enter into LP gas business
The Cabinet has approved a proposal to establish a subsidiary of the Ceylon Petroleum Corporation (CPC) to enable it to start its Liquefied Petroleum Gas business utilising refined products.
The proposal made by the Energy Minister also stated that a feasibility study is being carried out to set up a new refinery with a capacity of 10,000 barrels per day, and plans are being drawn up to expedite the implementation of these development projects.
“The Sapugaskanda refinery owned by the CPC produces 70 to 90 metric tons of LP gas per day, which is five percent of the country’s demand. The CPC has now recognised the importance of entering the gas market as the third competitor,” the Cabinet proposal stated.
The Judicial Service Commission (JSC) has interdicted Colombo Fort Magistrate Kosala Senadheera.
Mr. Ali Sabri Rahim, a Member of Parliament (MP) for Puttalam District whom an open warrant had been issued, attended a public ceremony at Al Aksha National School in Kalpitiya today (16) as the special guest of honor.
The Supreme Court today refused interim relief in an application filed by President’s Counsel Senaka Walgampaya seeking an Order from the Supreme Court compelling the President to appoint judges to fill the existing vacancies in the Court Of Appeal.
The deadline for online applications to the 2024 G.C.E. Advanced Level (A/L) Examination has been extended until July 12, the Department of Examinations said.
Gazette on new speed limit regulations to be issued within two weeks
Cabinet has approved a proposed amendment to the Constitution that a referendum would be required to extend the Presidential and Parliamentary term beyond five years.
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