The Ceylon Petroleum Corporation (CPC) has signed a new agreement in order to purchase crude oil from a Swiss- Singapore company in order to supply uninterrupted Furness oil to Ceylon Electricity Board (CEB)
CPC Chairman, Sumith Edirisuriya told the Sunday Times that they have placed orders. He elaborated that according to the agreement six ships of 90,000 metric tons of crude oil each are scheduled to reach the ports.
“The ships would be reaching Colombo by January 26 and would continue the process for the period of six months,” he said.
He elaborated that they are ready to supply Furness oil to the CEB without interruption if they are capable of paying for the purchases made.
Former Chairman of SriLankan Airlines, Nishantha Wickramasinghe, arrested on allegation of corruption by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) has been remanded until July 1 by the Colombo Magistrate court.
Deputy Minister of Finance and Economic Stabilization and NPP National List MP Harshana Suriyapperuma who is tipped to be named the next Finance Ministry Secretary resigned from Parliament today.
Leave Comments