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* Sri Lanka to make spot purchases from Singapore to ensure continued fuel supplies
Sun, Nov 11, 2012, 09:26 pm SL Time, ColomboPage News Desk, Sri Lanka.

Nov 11, Colombo: The Sri Lankan government is considering to make spot purchases from Singapore market to ensure continued fuel supplies to the country.

Petroleum Industries Minister Susil Premajayantha has said that spot purchases from the Singapore market was one option to ensure continued fuel supplies while increasing fuel purchases from Saudi Arabia and Oman.

According to Premajayantha, the government is also looking at purchasing from the Singapore market.

He has said the Ministry was also seeking Cabinet approval to make technical adjustments to the Sapugaskanda oil refinery to enable it to refine crude oil from markets other than Iran.

Sri Lanka's crude oil supplies were severely affected by the U.S. sanctions imposed on Iran.

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