Sapugaskanda Oil Refinery closed again

COLOMBO (News 1st): The Ministry of Power and Energy has decided to temporarily close the Sapugaskanda Oil Refinery once again with effect from today (Jan. 3), considering the difficulties in purchasing Crude Oil due to the prevailing Foreign Reserve crisis in the country. Steps have been taken to import 90,000 metric tonnes of Crude Oil on credit basis, from a long-term Singapore contractor, Sumith Wijesinghe, the Chairman of the Ceylon Petroleum Corporation (CPC) said. According to the CPC Chairman, the shipment of Crude Oil is expected to reach Sri Lanka on the 23rd or 24th of this month. Operations at the Sapugaskanda Refinery is expected to resume on the 26th of January, the Ministry of Power and Energy noted.