13 October 2018 07:20 am
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)