Reply To:
Name - Reply Comment
Last Updated : 2024-04-28 16:27:00
13 October 2018 07:20 am - 1 - {{hitsCtrl.values.hits}}
The Ceylon Petroleum Corporation (CPC) and the Lanka Indian Oil Company (LIOC) will jointly administer and develop the Trincomalee Oil Tank Farm, Petroleum Resources Development Minister Arujna Ranatuga told Parliament yesterday.
He said this in response to a question asked by Chief Opposition Whip Anura Kumara Dissanayake who asked whether the CPC and LIOC will form a joint venture company for the purpose of administering and developing these oil tanks.
The minister said 16 tanks were leased out to the LIOC in 2002 while a fresh agreement would be signed for a new lease with it.
He said the remaining 69 tanks would be developed and maintained as a joint venture by the CPC and the LIOC.
“I have heard some opposition MPs accusing me of selling the tanks in Trincomalee and I categorically state that they will not be sold to anyone with the land where the tank farm is located being under the CPC," the minister said. (Yohan Perera)
GH Saturday, 13 October 2018 11:07 PM
This is a series of process in selling the National Assets to India under the agreement between Modi and Yahapalanaya govt.
Add comment
Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.
Reply To:
Name - Reply Comment
US authorities are currently reviewing the manifest of every cargo aboard MV
On March 26, a couple arriving from Thailand was arrested with 88 live animal
According to villagers from Naula-Moragolla out of 105 families 80 can afford
Is the situation in Sri Lanka so grim that locals harbour hope that they coul
