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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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    Sri Lanka buys aviation fuel from LIOC to meet rising demand

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    Rana
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    Sri Lanka buys aviation fuel from LIOC to meet rising demand Empty Sri Lanka buys aviation fuel from LIOC to meet rising demand

    Post by Rana Wed Dec 20, 2017 2:11 am

    ECONOMYNEXT – Sri Lanka’s state-owned refiner Ceylon petroleum Corporation has bought 14,000 metric tonnes of aviation fuel from the local unit of Indian Oil Corporation to maintain stocks owing to a hike in demand.

    The Ministry of Petroleum Resource Development said in a statement the fuel, bought from Lanka IOC, was being unloaded and had met the required quality standards.

    The tanker which brought the stock of fuel had berthed on December 10.

    The first sample drawn to test the fuel did not meet the required quality levels, apparently because of rust, the statement said.

    But a second sample drawn on December 17 met the standard as the rust had settled in the hold, it said.
    (COLOMBO, December 19, 2017)
    http://www.economynext.com/Sri_Lanka_buys_aviation_fuel_from_LIOC_to_meet_rising_demand-3-9381-8.html

      Current date/time is Wed Jul 24, 2024 3:10 am