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Lanka to expand oil storage capacity
[05 Dec 2000]

Sri Lanka is to double it's petroleum storage capacity within the next three years adding 30 more giant tanks to the reserves, Ceylon Petroleum Corporation (CPC) officials revealed.

CPC yesterday awarded the contract to China's Huanqiu Chemical Engineering Corporation for the installation of new tank farm complex in the Muthurajawela Industrial Zone and the Rs. 6.4 billion construction project is to commence next month. 

The new tank farm project will increase the country's oil storage capacity by 250,000 cubic metres. The current capacity is 300,000 cubic metres. 

The CPC has taken this massive step to keep pace with the increasing demand for diesel fuel from transport, industrial and thermal power generation sectors. 

The installation of this additional facility will enable the CPC to import and store diesel and kerosene to ensure uninterrupted supplies. 

The new tank farm complex will be installed at a 104 acre land in the Muthurajawela Industrial Zone. The tank farm will have 30 storage tanks with the capacity of 5,000 and 10,000 cubic metres each totalling 250,000 cubic metres, the additional storage required to cater to the projected demand of 2005. The proposed facility will have its own dedicated tanker unloading facility situated mid sea, 5.6 kilometres from the shore via a Single Point Buoy Mooring facility that could accommodate 60,000 metric tons tankers, as existing facilities at the Port of Colombo are already congested. 

The CPC handed over the contract for the construction of the tank farm complex to China Huanqiu Chemical Engineering Corporation of China at ceremony held at the CPC Head office. 

 

 

 

 

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