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

Why Sri Lanka’s Container Depots Need Modern Regulation?

Why Sri Lanka’s Container Depots Need Modern Regulation?

The X-Press Pearl Crisis: Technical Failures in Handling, Not Blame

The X-Press Pearl Crisis: Technical Failures in Handling, Not Blame

Legacy SIM Crackdown Tests Digital Trust Framework

Sri Lanka’s plan to mandate re-registration of SIM cards...

#ActiveColombo Vision Gains Momentum through Global Triathlon

Beyond tourism revenue, IRONMAN 70.3 Colombo is being deployed...