Singapore based company given long-term contract to import petrol and diesel

The Cabinet of Ministers has granted approval to award a long-term contract to a Singapore based company to import petrol and diesel to Sri Lanka, the Government Information Department said. 

Bids had been called from the registered suppliers of the Ceylon Petroleum Corporation (CPC) for the long-term contract to import 1,137,500+10/-5% barrels of Diesel (Maximum sulfur percentage 0.05) and 262,500+10/-5% barrels of Diesel (Maximum Sulfur percentage 0.001) for a period of eight months from January 1, 2022 to August 31,.2022.

Accordingly, the proposal tabled by the Minister of Energy to award the relevant contract for the M/s Vitol Asia (Singapore) Pte. Ltd as recommended by the Special Standard Procurement Committee appointed by the Cabinet of Ministers was approved by the Cabinet of Ministers. 

Bids were also called from the registered suppliers of Lanka Petroleum Cooperation for the long-term contract to import 1,341,000+10/-5% barrels of Petrol (92 Unl) and 459,000+10/-5% barrels of Petrol (95 Unl) for a period of 8 months from January 1, 2022 to August 31, 2022.

Accordingly, the proposal tabled by the Minister of Energy to award the relevant contract for the M/s Vitol Asia (Singapore) Pte. Ltd as recommended by the Special Standard Procurement Committee appointed by the Cabinet of Ministers was approved by the Cabinet of Ministers.