Video: Govt. planning to privatise SOR-UNP

28 May 2013 07:58 am - 14 - {{hitsCtrl.values.hits}}

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The Government is making arrangements to privatise the Sapugaskanda Oil Refinery (SOR), despite its assurance not do so while in the meantime is going ahead with its plans to construct a new oil refinery at Hambantota, the United National Party (UNP) said today.

“Some Government members are hoping to submit a Cabinet proposal for the privatization of the Sapugaskanda Oil Refinery,” UNP General Secretary Tissa Attanayake told a news conference.

He said the delay in the import of crude oil and the shutting down of the Sapugaskanda Oil Refinery were precursors for the privatisation.

Mr. Attanayake said the privatisation plan was creating ill-will among government members who oppose privatization of any government-owned institutions. According to Mr. Attanayke the SOR would be hand over to Saudi Aramco Oil Company. (Lahiru Pothmulla)

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Comments - 14

BuffaloaCitizen Tuesday, 28 May 2013 08:18 AM

Good, at least the foreigners will rob the country less than the local natives.

saranga Tuesday, 28 May 2013 08:18 AM

Finally something tangible, getting a loan will put more burden to Gov debt, this is ideal
Surely JVP will oppose it due to Union backing
UNP also due to political gain and being sake of the opposition

mercy Tuesday, 28 May 2013 09:11 AM

Why Saudis have no money and wealth.

srinath.gunaratne Tuesday, 28 May 2013 09:20 AM

Please privatise this loss making institute and take the whole oil pricing away from government hands, Let the companies decide the price of oil based on the market prices,

Game Kolla Tuesday, 28 May 2013 09:35 AM

We are not that far to hand over entire country to foreigners..yes that will be Miracle Of Asia for sure.

Chewing Gum Tuesday, 28 May 2013 01:21 PM

Arobico, what is that?

nihal D Tuesday, 28 May 2013 03:16 PM

Privatizing is the best way to get better service from anything
Pl. go ahead soon.

Ling Tuesday, 28 May 2013 04:39 PM

American's pressure, Why Aramco ? hmm more to come.

mani Tuesday, 28 May 2013 04:40 PM

somebody has got a HUGE 10%

dhammika perera Tuesday, 28 May 2013 10:56 PM

Why not. Great move.
Customers get the benefit, because of the competition.
Remember government telecom, now and then.
Whatever Tissa said, as a UNPer great move by the government.
Dhammika

Ruhunu Kolla Wednesday, 29 May 2013 12:54 AM

New refineary is a good move, it should have been constructed long ago, every liter helps the country, without building unproductive massive projects, here the president can name it not only by his name, but all his 'hath muthu paramparawa', as country gains immensely by the project!

stranger Wednesday, 29 May 2013 04:12 AM

finally Halal Fuel....

Ling Wednesday, 29 May 2013 05:04 AM

UNP is definitely come into power, MR follow Sirimavo's style which history proved fail.

Justin Keppetiyagama Wednesday, 29 May 2013 06:56 AM

Not only Sapugaskanda oil refinery all state ventures should be privatized through share market

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Video: Govt. planning to privatise SOR-UNP

Comments - 14

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