USD 34M paid for furnace oil shipment – Minister

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The Ministry of Power and Energy has paid USD 34 million for a shipment of furnace oil.    

“USD 34 million was paid yesterday for a cargo of Heavy Fuel Oil/Furnace Oil. It will be unloaded today (22) and will be used for power generation and industries. Plan to maintain the ‘2 and half-hour’ power cut as it is until the Norochcholai power plant is connected back to the grid,” Minister of Power and Energy Kanchana Wijesekera tweeted.

Addressing the media on 19 June, the Minister said there are sufficient stocks of crude oil to maintain the Sapugaskanda Oil Refinery until 24 June, adding that if the existing stock is managed, the refinery can probably be maintained till 28 and 29 June. 

The ships carrying crude oil will arrive in the island on 29 June, 10 July and 14 July respectively. “It may take a break for three days but we do not expect the refinery to ever shut down,” he said.

Minister Kanchana Wijesekera also said more international companies will be invited to distribute fuel in the country. (TR)