Vitol Asia Wins Bid for Petrol Supply to Sri Lanka

Date:

The Ceylon Petroleum Corporation (CPC) has invited bids from registered suppliers for the purchase of five shiploads—totaling approximately 300,000 barrels (+/- 5%)—of Petrol 92 Unl for the period from April 15, 2025, to October 14, 2025.

Seven suppliers submitted bids for the procurement. The Cabinet approved the proposal from the Minister of Energy to award the contract to M/s Vitol Asia Pte. Ltd., Singapore—the lowest bidder—based on the recommendations of both the Standing Technical Evaluation Committee and the Special Standing Procurement Committee appointed by the Cabinet.

Share post:

spot_imgspot_img

Popular

More like this
Related

Private Credit Surge Raises Policy, Overheating, and Vulnerability Concerns

Private Credit Surge Raises Policy, Overheating, and Vulnerability Concerns

Questionable Chinese Contracts Jeopardize Sri Lanka’s Water Infrastructure

Questionable Chinese Contracts Jeopardize Sri Lanka’s Water Infrastructure

Sri Lanka Faces Rising Debt Burden despite Global Moratorium

Sri Lanka Faces Rising Debt Burden despite Global Moratorium

Tourism Falters as Government Missteps Undermine Data-Driven Growth

Tourism Falters as Government Missteps Undermine Data-Driven Growth