(Reuters) Sri Lanka plans to upgrade its sole oil refinery and double its capacity to boost output and to reduce the cost of importing refined fuels, the country's Petroleum Resources Minister Chandima Weerakkody said on Monday.
REUTERS: Sri Lanka plans to upgrade its sole oil refinery and double its capacity to boost output and to ..
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Aug 1 (Reuters) Sri Lanka plans to upgrade its sole oil refinery and double its capacity to boost output and to reduce the cost of importing refined fuels, Minister Chandima Weerakkody said. SL is home to a single oil refinery, CPC's decades-old 50,000 barrels-per-day plant. It was originally configured to run on Iranian crude and SL had to ...
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Reuters: Sri Lanka plans to upgrade its sole oil refinery and double its capacity to boost output and to reduce the cost of importing refined fuels, the country’s Petroleum Resources Minister Chandima Weerakkody said on Monday. The island nation is home to a single oil refinery, Ceylon Petroleum Corp’s (CPC) decades-old 50,000 barrels-per-day (bpd) plant. It was originally ..
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Sri Lanka to revamp, double refinery capacity The island nation is home to a single oil refinery, Ceylon Petroleum Corp.'s (CPC) decades-old 50 Mbpd plant. It was originally configured to run on Iranian crude, and Sri Lanka had to import more refined oil products after US sanctions caused it to stop crude imports from Iran.
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Sri Lanka to build 100,000 barrels per day refinery with . Sep 15, 2025 · Sri Lanka will build a second refinery with a capacity of at least 100,000 barrels per day (bpd) in a tieup with Indian Oil Corp, a top Sri Lankan official said on Thursday, a move that strengthens New Delhi's engagement with Colombo. Get Price
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sri lanka oil refinery: Oman oil minister excited to be . Mar 25, 2025 HAMBANTOTA, Sri Lanka: Oman's oil minister said on Sunday he was excited to be part of a Sri Lanka oil refinery project in a sign that plans for the sultanate's involvement may be back on track.
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SL to revamp, double refinery capacity: minister. 02 Aug 2016 - 0 - 1088 . REUTERS: Sri Lanka plans to upgrade its sole oil refinery and double its capacity to boost output and to
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Sri Lanka's petroleum minister A.H.M. Fowzie said the 4-year upgrade will triple his country's refinery capacity to 150,000 b/d from the current 50,000 b/d. Earlier plans had called for an ...
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2016-08-01· Sri Lanka plans to upgrade its sole oil refinery and double its capacity to boost output and to reduce the cost of importing refined fuels, the country's Petroleum Resources Minister Chandima
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2016-08-01· (Reuters) Sri Lanka plans to upgrade its sole oil refinery and double its capacity to boost output and to reduce the cost of importing refined fuels, the country's Petroleum Resources Minister Chandima Weerakkody said on Monday.
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Minister: Sri Lanka plans refinery expansion The Sri Lankan government plans to double capacity of the country’s only refinery, Ceylon Petroleum Corp.’s 50,000 b/d facility at Sapugaskanda
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Sri Lanka expects to sign an "early work agreement" with the National Iranian Oil Company for a project to double its state-owned Sapugaskanda refinery capacity to 100,000 bpd, oil minister A.H.M. Fowzie said. The 50,000 bpd refinery of Ceylon Petroleum Corp., which is about 30 years old, will be upgraded and expanded. A feasibility study will
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Oman oil minister excited to be part of Sri Lanka oil refinery project. Sri Lanka said last week that Oman Oil Co had made clear it was interested in taking a 30 percent stake in the new refinery on Sri Lanka's south coast
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2020-03-30· The proposal to refurbish and double the capacity of Sri Lanka’s only refinery in Sapugaskanda will draw in US$ 2 billion in financing, the country’s petroleum minister said this week. ..
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Sri Lanka is willing to source its demand for oil derivatives from Iran, Sri Lankan ambassador in Tehran said on Sunday. "There is a lucrative market for oil products in Sri Lanka and the National
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December 23, 2025 [Xinhua] Sri Lanka aims to double its crude oil tank capacity by 2020, while a tripartite LNG terminal and power plant agreement will be signed with India and Japan by mid next year, Transportation, Power and Energy Minister Mahinda Amaraweera said in a statement here Monday.
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Plans to double oil refining capacity by 2025 are advancing as Indonesia works to enhance security of supply, while reducing its fuel import bill. In May 2016 state oil company Pertamina signed an agreement with Russia’s Rosneft for the first of two 300,000-barrel-per-day (bpd) refineries and took a major step forward in the revamping of its Cilacap refinery with the award of a front-end
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2010-05-24· Sri Lanka, which imports all its oil, may get a $1.5 billion loan from Iran to fully fund a project to double capacity at the South Asian island’s only refinery, the petroleum minister said.
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--Sri Lanka's prime minister Ranil Wickremesinghe inaugurated the start of construction for a refinery in the southern port town of Hambantota. The main investor in the project is Silver Park International, the Board of Investment of Sri Lanka said. It also said Oman Oil Company "has registered their firm intention" to participate with up to 30% in the equity, "subject to reaching agreement
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Sri Lanka's petroleum minister A.H.M. Fowzie said the 4-year upgrade will triple his country's refinery capacity to 150,000 b/d from the current 50,000 b/d. Earlier plans had called for an
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"Tehran has invested in Sri Lankan oil refineries to help the country double its oil production capacity," he said. According to reports, Sri Lanka's crude demand is around 50,000 barrels a day
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Sri Lanka is in talks with Iran to resume crude imports. Moreover, it plans to upgrade its sole oil refinery and double its capacity to boost output and to reduce the cost of importing refined fuels, the country's Petroleum Resources Minister Chandima Weerakkody said on Monday.
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2014-01-16· Return of Iranian Crude Could Squeeze Gulf Oil Producers to modernise and expand the Sri Lanka’s refining capacity. Oil sanctions relief would also help Sri Lanka double its imports from
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–Nayara Energy is seeking the renewal of environmental approval to double capacity at its Vadinar refinery as the previous approval had been given to Essar Oil. It had planned to double the
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–Nayara Energy is seeking the renewal of environmental approval to double capacity at its Vadinar refinery as the previous approval had been given to Essar Oil. It had planned to double the
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2017-04-25· Sri Lanka plans to double the capacity of the refinery. Geopolitical Priorities Analysts said Sri Lanka doesn’t need any more ports, and that India’s geopolitical interest in Trincomalee far
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COLOMBO, April 26 (Reuters) Sri Lanka's sole state-run fuel retailer Ceylon Petroleum Corp (CPC) on Thursday said its 50,000 barrel-per-day (bpd) refinery completed a 35-day overhaul and
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The public's immediate concern with the Ceylon Petroleum Corporation (CPC) is the exorbitant cost of petrol, diesel and kerosene, that could change quickly with descending oil prices and the burden of importing more petrol and diesel from abroad if Sri Lanka's refining capacity does not catch up with the local growth in demand for oil over
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At present, Sri Lanka has a single refinery of 2.5mtpa capacity, with demand for petroleum products double the capacity. In 2014-15, Lanka IOC's turnover increased 9 per cent to Rs 8,180 crore, and profit after tax rose 65 per cent to Rs 480 crore. Lanka IOC is the only oil company other than state-owned Ceylon Petroleum Corporation that
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Oman oil minister excited to be part of Sri Lanka oil refinery project. Sri Lanka said last week that Oman Oil Co had made clear it was interested in taking a 30 percent stake in the new refinery on Sri Lanka's south coast . PTI / 1 year ago. Lanka breaks ground for oil refinery with investments from Indian firm & Oman Prime Minister Ranil Wickremesinghe, whose 70th birthday coincided with the
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Sri Lanka's sole state-run fuel retailer Ceylon Petroleum Corp (CPC) on Thursday said its 50,000 barrel-per-day (bpd) refinery completed a 35-day overhaul and renovation, aimed to boost efficiency
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The Czech Republic has committed itself to a massive US$2.2 billion by way of a project loan for the modernisation of the technological facilities at the Sapugaskanda Oil Refinery, Daily Mirror
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Some refineries have started maintenance work in the Asia-Pacific region. Meanwhile, Indian Oil Corp, the country’s largest refiner, will not carry out major works at any of its sites this year
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2015-09-17· State-run Indian Oil Corporation is planning to set up a 6 million tonne per annum (mtpa) greenfield refinery in Sri Lanka.The proposal was discussed between petroleum minister
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