A team of officials from SINOPEC China and other technical experts visited Minister of Power and Energy Kanchana Wijesekara yesterday to discuss the agreement and commencement of retail fuel sales distribution services.
It was decided to sign the agreement by mid-May and commence the operations in 45 days after signing the agreement.
Officials from the Ministry of Power and Energy, Central Bank of Sri Lanka, Board of Investments, Ceylon Petroleum Corporation, and Ceylon Petroleum Storage Terminal participated in this meeting.
According to reports, they would be given licences with a 20-year validity period to import, store, and distribute fuel in Sri Lanka, as well as 150 CPC fuel stations under the scheme.
You can share this post!
Content
Customs have detected 228 mobile phones and tabs valued at over Rs 30 million left behind in the duty free shopping complex at the Banaranaike International Airport today, Customs officials said.
Read this week’s Sunday Times for your interesting articles including the ’’5th Column’’.
Leave Comments