Govt approves contract for purchase of crude oil tankers

Date:

December 24, Colombo (LNW): The Sri Lankan government has given the green light for the long-term contract to purchase six Murban crude oil tankers, which will be used to supply the country with crude oil from April 2025 to August 2025.

This decision follows a procurement process initiated by the Ceylon Petroleum Corporation (CEYPETCO), with bids invited from registered suppliers for the purchase.

A total of six bids were received for the procurement, and after careful evaluation, the proposal put forward by the Minister of Energy was presented to the Cabinet.

The recommendation, made by the Special Standing Procurement Committee, was to award the contract to M/s Aditya Birla Global Trading (Singapore) Pte. Ltd.

This recommendation has now been approved by the Cabinet, ensuring that the procurement process will move forward.

The purchase of the tankers will also help to strengthen Sri Lanka’s strategic energy infrastructure and support the operations of the CEYPETCO in meeting the country’s fuel requirements.

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