The tank farms and pipelines are jointly owned by CPC with Indian Oil Corporation through Ceylon Petroleum Storage Terminals Ltd (CPSTL), a common user facility.
Inadequate onshore ship fuel or bunker storage is seen as the main constraint in expanding the market to supply vessels that call at Colombo port as well as those that pass the island.
Storage terminals at Muthurajawela and Kolonnawa north of Colombo have a total capacity of storing 250,000 metric tonnes of refined products.
Crude oil is stored at the refinery at Sapugaskande, also north of Colombo, and at the nearby Orugodawatte tank farm.
Tank Conversion
The tank farm at Muthurajawela can now store only diesel and kerosene.
CPSTL officials said they plan to convert five tanks to furnace oil (bunker fuel) and