If said in the words of the Minister itself, the Petroleum Corporation is bankrupt! – Ananda Palitha (VIDEO)

Date:

The Nigerian company that was awarded the contract to supply crude oil for the next eight months in June this year has not supplied a single drop of oil to Sri Lanka, says Ananda Palitha, a trade union leader of the Ceylon Petroleum Corporation.

“In June this year, we awarded an eight-month continuous crude oil contract to a Nigerian company. This company has not supplied a single drop of oil to the corporation. So we went for emergency purchases and were able to bring in two ships. We have paid more than $ 8 million for these two ships alone. As twenty days go by they will have to pay monthly salaries in excess of Rs. 100 million for CPC’s employees. Due to the loss of 30% of the production capacity per day, it costs more than 100 million rupees per day to bring in refined oil. Petroleum Corporation is bankrupt in the words of the Minister! ”

Ananda Palitha stated this addressing a media briefing held in Wattala yesterday (30).

Share post:

spot_imgspot_img

Popular

More like this
Related

Parliament Schedules Debate on Repeal of Presidential Entitlements

Parliament Schedules Debate on Repeal of Presidential Entitlements

Sri Lanka and World Bank Launch $100 Million Initiative to Empower Rural Communities and Boost Climate-Resilient Agriculture

Sri Lanka and World Bank Launch $100 Million Initiative to Empower Rural Communities and Boost Climate-Resilient Agriculture

Ex-Minister Rajitha Senaratne Released on Bail Following Court Appearance in Colombo

Ex-Minister Rajitha Senaratne Released on Bail Following Court Appearance in Colombo

Sajith Premadasa Comes of Age: Anura’s Invincibility a Thing of the Past

Sajith Premadasa Comes of Age: Anura’s Invincibility a Thing of the Past