Sri Lanka to conduct feasibility study to set up new refinery with increased capacity
The government is considering to establish a new refinery at Sapugaskanda as the old refinery does not meet the local demand
Nov 07, 2020
The government is considering to establish a new refinery at Sapugaskanda as the old refinery does not meet the local demand.
The existing capacity of the refinery located at Sapugaskanda belonging to the Ceylon Petroleum Corporation is only 40,000 barrels per day (bblspd), and it meets only 25% of the local demand for refined petroleum products, a statement on cabinet decisions said.
The remaining 75% has to be imported, relying much on the foreign exchange.
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