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* No plans to close the only refinery in Sri Lanka
Sat, Jun 21, 2014, 07:21 pm SL Time, ColomboPage News Desk, Sri Lanka.

June 21, Colombo: The government has no intention to close Sri Lanka's sole petroleum refinery at Sapugaskanda, and in fact, the government is taking measures to develop it with modern technologies, Petroleum Industries Minister Anura Priyadarshana Yapa said.

Managing director of the of the petroleum authority, Ceylon Petroleum Corporation (CPC), Susantha Silva denied media claims that the Sapugaskanda Oil Refinery will be closed.

Responding to an inquiry made by Sri Lanka's national news agency Lankapuvath, Silva said that only two sections of the oil refinery have been closed due to a break in an oil pump.

The closed two sections will be opened soon once the maintenance work is done, he said adding that 50,000 crude oil barrels are refined daily at the Sapugaskanda refinery.

Minister Yapa advised officials to finish the maintenance work soon and to buy latest machinery which are required for a better function of the oil refinery.

A trade union affiliated to Sri Lanka's petroleum sector earlier this year said the country's only oil refinery is experiencing serious technical issues.

According to the union officials, the refinery has not been renovated in 20 years and is now in need of a complete overhaul.

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