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* Sri Lanka rejects 5000 MT sub-standard diesel stock
Sun, Feb 10, 2013, 09:40 pm SL Time, ColomboPage News Desk, Sri Lanka.

Feb 10, Colombo: Sri Lanka petroleum officials have rejected a stock of 5,000 metric tons of diesel imported by the Lanka-India Oil Company (LIOC) for being substandard.

The State-owned Ceylon Petroleum Storage Terminals Limited which manages the petroleum storage facilities in the country has said that routine laboratory tests conducted by them found the consignment to be of substandard.

According to the LIOC officials, the oil shipment has come from Singapore.

LIOC chief Subod Dakwale has told the Indian news agency PTI that the company maintains high standards for all products and the sample tests conducted on the shipment proved they did not match the expected quality levels.

Sri Lanka last year suspended the Singapore-based fuel supplier, Vitol Group of Companies, for allegedly supplying substandard diesel stocks to the state-owned fuel distributor Ceylon Petroleum Corporation (CPC).

The Company however denied the allegations.

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