FT

India keen to establish refinery and bunkering operations in Sri Lanka

Monday, 8 February 2016 00:00 -     - {{hitsCtrl.values.hits}}

CaiBoPLUMAAS7p--copy

Bhubaneshwar, Odisha: India is interested in establishing refinery and bunkering operations in Sri Lanka, Indian Minister of State for Petroleum and Natural Gas Dharmendra Pradhan said on Saturday when he held a bilateral meeting with Deputy Minister of Petroleum Resources Development of Sri Lanka Dr. Anoma Gamage.

Deputy Minister Gamage is in India to participate in the ceremony at Paradip where Prime Minister Narendra Modi will be dedicating to the nation the Indian Oil refinery.

Pradhan, during his meeting with the Sri Lankan Deputy Minister, discussed issues such as the expansion of activities of Lanka IOC, in Sri Lanka, including in the retail business, bunkering and marketing of ATF and LPG. Lanka IOC is a subsidiary of the Indian Oil Corporation.

He reiterated the commitment made by Prime Minister Modi to work with Sri Lanka to make Trincomalee a regional energy hub.

Pradhan also expressed India’s interest in establishing refinery and bunkering operations in Sri Lanka. He expressed confidence that both Sri Lanka and India would work in a spirit of partnership in the hydrocarbon sector.

COMMENTS