In 2003 – Spin Offs

Downstream petroleum distribution was liberalised this year, being thrown open for three players including state owned Ceypetco. A third player will be selected in Jan., operating alongside CPC and Lanka IOC taking up a third stake in a common infrastructure facility. Come 2004, the Public Utilities Commission will regulate the sector and govern prices; Aviation Fuel will also be spun off next year.rn

rnBelow is a list of LBO Reports on the Petroleum Industry and other related articles.
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