Ceylon Petroleum Corporation to form new subsidiary company to develop Trincomalee oil tank farm
Posted by Editor on December 29, 2021 - 9:27 am
The Ceylon Petroleum Corporation (CPC) is planning to form a new subsidiary company named Trinco Petroleum Terminals Ltd.
This firm is expected to develop the Trincomalee oil tank farm.
An agreement pertaining to the establishment of the new company is slated to be signed with relevant partie within a month.
Latest Headlines in Sri Lanka
- Audit reveals misuse of electric vehicle permits for migrant workers in Sri Lanka November 23, 2024
- IMF approves third review: Sri Lanka secures $333 million tranche under EFF November 23, 2024
- Sri Lankan President urges accountability and unity for a better future November 23, 2024
- IMF third review talks with Sri Lanka successfully conclude November 22, 2024
- Professor Gomika Udugamasooriya appointed Senior Advisor to President on Science and Technology November 22, 2024
