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Committee appointed to evaluate suitable companies to import petroleum products

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A committee was appointed on Friday (Aug 06) appointed to evaluate suitable companies to import, distribute and sell petroleum products, Minister of Power & Energy Kanchana Wijesekera says.

According to the lawmaker, the objectives of the newspaper advertisement inviting new companies to enter the fuel sector have been briefed prior to the commencement of the evaluation.

Through this move, multiple companies will gain the opportunity to engage in the petroleum industry in Sri Lanka with the Ceylon Petroleum Corporation (CPC) and Lanka IOC.

A discussion in this regard was held between Minister Wijesekera and the relevant authorities.

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