Singapore company to get long-term contract
The Cabinet of Ministers has approved the awarding of a long-term contract to a Singaporebased energy and commodities company, Vitol Asia (Singapore) Pte. Ltd., to import petrol and diesel to Sri Lanka, the Government Information Department states.
The Minister of Energy proposed that the contract be awarded to M/s Vitol Asia (Singapore) Pte. Ltd as recommended by the Special Standard Procurement Committee appointed by the Cabinet of Ministers. Bids were invited from Ceylon Petroleum Corporation’s registered suppliers for a long-term contract to import 1,341,000+10/-5 percent barrels of Petrol (92 Unl) and 459,000+10/-5 percent barrels of Petrol (95 Unl) for an 8-month period beginning 1 January 2022 and ending 31 August 2022.