Report on Sapugaskanda oil refinery expected this month

The report of a committee appointed on the Sapugaskanda oil refinery expansion project is expected this month, Minister of Petroleum and Petroleum Gas Chandima Weerakkody said today.

He said that once the committee submits its report the Government hopes to go ahead with the Sapugaskanda oil refinery expansion project as soon as possible.

He said that the Sapugaskanda oil refinery will be a fully Government operated project.

The Minister said that while there is an offer from Iran to fund the project there is an issue over how the banking transactions can be made. (Colombo Gazette)