Petrol Tug

Chief Regulatory Officer at CSE Renuke Wijayawardhane presenting the listing certificate to Executive Chairperson at Renuka Hotels Shibani Thambiayah

January 26, (LBO) – Ceylon Petroleum Corporation will purchase a tug to support tanker operations at its offshore petroleum unloading facility, a top official said. CPC Chairman Asantha de Mel says the tug is estimated to cost five million US dollars.

“We will save about two million dollars a year that we are now paying to hire these services from outside,” de Mel told LBO.

The Ceylon Petroleum Corporation has a single point buoy mooring facility to unload oil 9.6 kilometres off Colombo.

Sri Lanka imports all its petroleum requirements. In 2005, Ceylon Petroleum Corporation imported two million metric tonnes of crude and 895,000 metric tonnes of refined products.