The Cabinet of Ministers has granted approval for the development of 24 oil tanks at the Trincomalee upper tank farm ...

The Government has reaffirmed its commitment to proceed with the Trincomalee oil tank farm development, honouring an agreement signed under the previous administration. The move was approved by the ...

ECONOMYNEXT – Sri Lanka’s Cabinet of Ministers has approved debt-ridden state-owned Ceylon Petroleum Corporation (CPC) to ...

Indian Oil Corporation (IOC ... a Subsidiary of IndianOil in Sri Lanka on January 6, 2022 for Trincomalee Tank Farm along-with the Modalities & JV agreements. It commissioned a 5 TPD cattle ...

Sri Lanka is playing a balancing act as it manages its ties with India and China. It is heavily dependent on the two rival ...

Beijing’s tactless usury of demanding and obtaining $6.4 million in scarce forex after Sri Lankan farm scientists had rejected the ... for the joint development of the British era Trincomalee oil tank ...

and Trincomalee Petroleum Terminal Company signed an agreement on 06-01-2022 for the ownership, development, and utilization of the China Port Oil Tank. As per the provisions of that agreement, twenty ...