Lankapage Logo Recent Top Stories
CP 13 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Operations at Sri Lanka's only refinery halted due to shortage of crude
Fri, Oct 26, 2012, 08:08 pm SL Time, ColomboPage News Desk, Sri Lanka.

Oct 26, Colombo: Sri Lanka's only oil refinery at Sapugaskanda will suspend operations for about 10 days from today, the petroleum authority Ceylon Petroleum Corporation announced.

General Manger of Ceylon Petroleum Corporation (CPC) Susantha Silva told media that as a result of the refinery not receiving sufficient crude oil, it would halt operations from today.

Silva has said that the authority was unable to bring in Iranian crude in time because of U.S. sanctions.

During the period the operations are suspended, the refinery employees will be deployed to conduct much needed maintenance activities of the plant, the General Manger said.

Sri Lanka's only refinery in Sapugaskanda which refines 50,000 barrels of oil per day can only process Iranian crude. Currently Sri Lanka has faced difficulties in importing the crude oil from Iran due to the U.S. sanctions imposed on that country.

Meanwhile, the CPC trade unions have demanded immediate investigations into the suspension of operations, local radio Hiru FM reported.

The general secretary of the National Employees Association of the CPC, Ananda Palitha has said that investigations are in order since there is a clear doubt.

According to the trade union sources the refinery is bringing losses to the CPC due to technical issues and the government has held talks with India to sell out the refinery.

** Related Story :: Sanctions on Iranian crude may close Sri Lanka\'s only refinery



ColomboPage - Recent 10 Stories

Copyright © 2000, 2012 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.