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

Sri Lanka’s Current Account Surplus Masks Brewing External Crisis

Sri Lanka’s external finances showed a glimmer of hope...

Colombo Port’s Record Year Signals Strategic Shift Ahead

Sri Lanka’s Colombo Port delivered its strongest performance on...

Aviation Revival or Policy Paradox under Sri Lanka’s New Regime

Sri Lanka’s aviation sector is being publicly celebrated as...

Sri Lanka Power Tariff Hike Looms as IMF Rules Clash with CEB Split

Amid Sri Lanka’s sweeping electricity sector restructuring, the Ceylon...