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Govt. planning to hand over Trinco oil farm to India: Anura


22 September 2018 10:35 am - 12     - {{hitsCtrl.values.hits}}


Chief Opposition Whip and JVP leader Anura Kumara Dissanayake said yesterday the government was planning to hand over the Trincomalee oil tank farm to the Indian Oil Company (IOC) despite a Cabinet decision in 2016 to hand it over to the Ceylon Petroleum Corporation.

He told parliament that Cabinet approval had been obtained in August 7, 2018 to hand over 15 Lower Tank Farm to IOC and to hand over 85 of the Upper Tank Farm to a joint venture by the IOC and Ceypetco.

The MP said Cabinet approval was granted to develop 16 Tanks with funds from Ceypetco on June, 6, 2016 and that it had the needed US$10 million required for the purpose.

He asked on what basis was the oil tank farm being handed over to the IOC when it could be developed by Ceypetco and pointed out in COPE the developing the tank farm would provide access to the international oil market and that it would be a lucrative foreign currency earner.

Neither the subject minister nor the deputy minister was in the House to answer the question and House Leader Lakshman Kiriella assured that the answer would be given at the next parliament day. (Ajith Siriwardana and Yohan Perera)

  Comments - 12

  • Wickremesinghe Saturday, 22 September 2018 10:45 AM

    If this government hand over the Trincomalee oil tanks to India then this government would loose its moral right to rule this country. Not only the UNP will loose the 2020 election its leaders will be behind bars after 2020.

    Ex Police Saturday, 22 September 2018 11:11 AM

    By using the Chinese in Hambantota as the reason the Indians are taking over all the strategic assets in the North.This is a major threat to our national security and it has to be stopped .

    godfather Saturday, 22 September 2018 11:34 AM

    just opposing for the sake of doing so.. rotten fellows

    TONY Saturday, 22 September 2018 11:46 AM


    Ceylon Saturday, 22 September 2018 11:46 AM

    Give soon.give any one who can make progress.lankans cant do,thats why nothing progress in this country.give to any one who can make progress.

    Mm Saturday, 22 September 2018 12:04 PM

    Ceylon* , you seem to like the Indians invading Sri Lanka

    JeffK Saturday, 22 September 2018 12:44 PM

    Lankans can do. Lankan politicians can't do. That is why these donkeys should be chased away in 2020

    Ceylon Saturday, 22 September 2018 01:36 PM

    Dear mm,indians allready i vaded this weddas country.we sinhalese are indians.we the first to invade this country.

    ANTHONYPILLAI Saturday, 22 September 2018 12:11 PM

    Why we say we should privatize certain ventures that's because in private sector people do their duty and do the work. Unlike our SOES WHERE PEOPLE sit around and gossip. SEE THE DIFFERENCE IN THE PROFIT EARNED BY OUR CEPECTCO AND LIOC. OUR STATE VENTURES ARE OVER STAFFED AND BLEED WITH LOSSES.

    Red Elephants Saturday, 22 September 2018 12:45 PM

    So are you happy now?

    Hesh Saturday, 22 September 2018 12:46 PM

    We sell away everything we have got and then the only way to bring in money is to send away our citizen as slaves to other countries

    Ceylon Saturday, 22 September 2018 01:37 PM

    What we have ?.we have only debts.

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