LIOC said that if the CPC is unable to provide fuel to the LIOC petrol sheds it will look to obtain the oil from the Trincomalee storage facility.
Workers of Sri Lanka’s state-run petroleum firm launched an indefinite strike today against the Government’s proposed deal with India to jointly operate an oil storage facility at the strategic eastern port town of Trincomalee.
CPC Trade Union Collective workers threatened to cripple entire transportation sector in the country as a result of the strike.
ri Lanka and India are expected to sign an agreement to jointly invest and develop the Trincomalee Port and establish a petroleum refinery and other industries there.
The workers have three demands which include getting the government to stop granting outright ownership of some 14 World War II oil storage tanks in the eastern port district of Trincomalee.
The Petroleum Joint Union Alliance says it opposes the proposal to transfer operations rights to oil tanks to India since the agreement would benefit the Lanka IOC, Indian Oil’s subsidiary, allowing it to expand further and the CPC, which is already in debt, will incur further financial losses. (Colombo Gazette)