Oct 03, 2008 (LBO) – The Sri Lanka Ports Authority (SLPA) plans to increase storage of ship fuels at its newly acquired tank farm near Colombo port by building more tanks, its acting chairman Priyath Bandu Wickrema said.
The authority is also going to replace an aging network of pipelines connecting the tank farm with the port, he said.
The port took over the bunker fuel tanks from private operator Lanka Marine Services (LMS) on a court order last month that said the facility must be opened for use by all licensed bunker suppliers.
Wickrema said the SLPA has signed agreements with seven of the eight bunkering license holders and that it would sign up others later.
He said the SLPA plans to add two more storage tanks with a capacity of 10,000 metric tonnes each to expand the facility to cater to the suppliers of bunker fuels.
“Bunkering licence holders have agreed to advance money to the SLPA to help build the new tanks,” Wickrema said.
The tank has now has a capacity of 30,000 tonnes.
Bunker suppliers have said the existing capacity is not enough to meet the needs of all