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Sri Lanka to re-start oil refinery

July 16, 2014 (LBO) - Sri Lanka has repaired an offshore unloading buoy allowing state-run Ceylon Petroleum Corporation to re-start its refinery which was closed due to lack of crude stocks, the petroleum ministry said.
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The buoy was repaired on July 15 and 50,000 barrels were unloaded yesterday, the ministry said, allowing the refinery to start today.
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Sri Lanka has a 50,000 barrels-pe- day refinery but more than half the fuel requirements are imported refined. The ministry said Sri Lanka had about one month's supply of fuel and there would be no shortages.

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