Cabinet approves proposal to import fuel from Singapore

Cabinet has approved a proposal to import fuel from Singapore for a period of 8 months, from January 2022.

Bids were called from registered suppliers of Lanka Petroleum Cooperation for long term contracts to import 1,137,500+10/-5% barrels of Diesel (Maximum sulfur percentage 0.05) and 262,500+10/-5% barrels of Diesel (Maximum Sulfur percentage 0.001) for a period of 8 months from 01.01.2022 to 31.08. 2022.

Accordingly, a proposal tabled by the Minister of Energy to award the relevant contract to M/s Vitol Asia (Singapore) Pvt. Ltd as recommended by the Special Standard Procurement Committee appointed by the Cabinet was approved by the Cabinet of Ministers.

Bids were also called from registered suppliers of Lanka Petroleum Cooperation for long term contracts to import 1,341,000+10/-5% barrels of Petrol (92 Unl) and 459,000+10/-5% barrels of Petrol (95 Unl) for a period of 8 months from 01.01.2022 to 31.08. 2022.

Accordingly, a proposal tabled by the Minister of Energy to award the relevant contract to M/s Vitol Asia (Singapore) Pvt. Ltd as recommended by the Special Standard Procurement Committee appointed by the Cabinet was also approved by the Cabinet of Ministers. (Colombo Gazette)

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