India: 100 mbpd Project Announced Ceylon Petroleum to Build Second Refinery in India
Sri Lanka will build a second refinery with a capacity of at least 100 Mbpd in a tie-up with Indian Oil Corp, a top Sri Lankan official told Reuters.
New Delh/India — The news agency quotes T.G. Jayasinghe, the head of state-run Ceylon Petroleum: "The new refinery will be built at the eastern port city of Trincomalee with the aim of exporting fuel." According to Reuters India's Oil Minister Chandima Weerakkody said: "Sri Lanka will refurbish the existing refinery to refine "a variety of crudes" and will award the contract through competitive bidding." In August he told Reuters China and US had also expressed an interest in building refineries. He also said his New Delhi counterpart Dharmendra Pradhan had indicated on Thursday that the Indian government had agreed to convert a 500 MW coal power plant in Sampur in Trincomalee to natural gas."It will definitely be an Indian company that will convert Sampur (plant) into gas," Weerakkody told Reuters.