Indian Oil Corp to supply fuels to Sri Lanka in 4-5 month deal

3 March 2022 07:23 pm - 2 - {{hitsCtrl.values.hits}}

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NEW DELHI: Indian Oil Corp (IOC), the country's top refiner and fuel retailer, will supply 12-13 fuel cargoes to Sri Lanka to help the island nation facing an energy crisis, the Indian company said in a statement to Reuters.

IOC said it will supply gasoil, gasoline and jet fuel to Sri Lanka over the next 4-5 months.

"The supplies shall be made under a $500 million line of credit extended by the government of India to Sri Lanka for purchase of fuels," it said.

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Comments - 2

dealmalli Thursday, 03 March 2022 07:29 PM

Deal galor

Lanka Shantha Thursday, 03 March 2022 09:22 PM

Where your best friend China?

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Indian Oil Corp to supply fuels to Sri Lanka in 4-5 month deal

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