expansion of refinery capacity in sri lanka necessary

Expansion of refinery capacity in Sri Lanka necessary

The rationale for the expansion of refining capacity is that at present, Sri Lanka has only one (topping) refinery located at Sapugaskande, near Colombo which has a capacity to refine around 2.12 million metric tons per year (or 52,500 barrels per day (bpd)).

Get Price
sri lanka to revamp, double refinery capacity: oil minister

Sri Lanka to revamp, double refinery capacity: oil minister

Sri Lanka to revamp, double refinery capacity: oil minister. Sri Lanka's oil import bill plummeted 41 percent in 2015 versus the prior year to $2.7 billion mainly due to the fall in world oil prices, but also because of higher imports of refined oil. Weerakkody said the country is in discussion with Iran to resume crude imports, but has not done so because of a ban on bank transactions with Iran.

Get Price
an oil refining capacity wave is coming - bloomberg

An Oil Refining Capacity Wave Is Coming - Bloomberg

Mar 06, 2018 · Here's the Other Wave Washing Into the Oil Market ... and mostly outside the U.S. Almost a third of the extra 7 million barrels a day of the extra refining capacity expected to come online by 2023 ...

Get Price
silver park's oil refinery is in question. now silver forest

Silver Park's oil refinery is in question. Now Silver Forest

He noted that there is another oil refinery project, with an investment of US$ 14 billion. He noted that this refinery which has a capacity of producing 420,000 barrels a day is a Singaporean Company.

Get Price
sri lanka : indian oil company to set up refinery in sri lanka

Sri Lanka : Indian oil company to set up refinery in Sri Lanka

IOC's subsidiary in Sri Lanka, Lanka IOC is the only private oil company in Sri Lanka operating 157 fuel retail outlets. Sri Lanka's 43-year-old refinery daily produces 50,000 barrels of fuel from Iranian light crude oil. It has a capacity of 2 mtpa whereas the fuel consumption is 4.5 mtpa, requiring 2.5 mtpa of imports.

Get Price
ceylon petroleum to shut refinery in sri lanka

Ceylon Petroleum to shut refinery in Sri Lanka

Ceylon Petroleum is expected to shut its 50,000 barrels per day oil refinery in Sri Lanka from Friday, for two weeks. The move comes after the refinery exhausted its supply of mainly Iranian crude oil, which is scarcely in supply due to Western sanctions.

Get Price
oman denies it's part of $4b oil refinery investment in sri

Oman Denies It's Part Of $4B Oil Refinery Investment In Sri

Middle Eastern oil producer Oman denied on Wednesday that it was part of an oil refinery project worth US$3.85 billion in Sri Lanka, announced by Sri Lanka officials on Tuesday.

Get Price
indianoil to set up refinery in sri lanka for rs 20,000 cr

IndianOil to set up refinery in Sri Lanka for Rs 20,000 cr

Sri Lanka's only refinery has a refining capacity of two mtpa. The country's fuel consumption is 4.5 mtpa, which necessitates 2.5 mtpa of imports. Sri Lanka's fuel needs are estimated to rise to 6.5 mtpa by 2020 and 8.5 mtpa by 2030. Instead of importing fuel, the country plans to import crude oil and process it.

Get Price
sri lanka news - etenergyworld.com

Sri lanka News - ETEnergyworld.com

Sri Lanka only leasing out oil tanks to India: Ranil Wickremesinghe Addressing a gathering in the central town of Welimada yesterday, the Prime Minister said the joint working group of the two countries will formulate investment plans for the integrated development of Trincomalee.

Get Price
sri lanka in talks with two chinese firms for $3 billion refinery

Sri Lanka in talks with two Chinese firms for $3 billion refinery

Sri Lanka is in talks with two Chinese companies about investing up to $3 billion to build in a new refinery at its Chinese-controlled port, a top government official said on Friday.

Get Price
sri lanka - oil and gas | export.gov

Sri Lanka - Oil and Gas | export.gov

Sri Lanka - Oil and Gas. CPC expects to increase the refining capacity from the current 50,000 barrels per day to 100,000 barrels per day. Sri Lanka's main 5.8-kilometer, oil pipeline also needs urgent replacement, and the CPC is evaluating bids for a new oil pipeline including an offer by a U.S. company.

Get Price
refinery news roundup: turnarounds in asia-pacific coming to

Refinery news roundup: Turnarounds in Asia-Pacific coming to

--India's IOC plans to raise the capacity of its Panipat refinery to 25 million mt/year by 2021 to meet growing demand for oil products. The refinery's capacity is 15 million mt/year.--India's cabinet has approved a project to expand the capacity of the Numaligarh refinery to 9 million mt/year from 3 million mt/year.

Get Price
list of oil refineries

List of oil refineries

This is a list of oil refineries.The Oil & Gas Journal also publishes a worldwide list of refineries annually in a country-by-country tabulation that includes for each refinery: location, crude oil daily processing capacity, and the size of each process unit in the refinery. For some countries, the refinery list is further categorized state-by-state.

Get Price
daily mirror - petrol shortage across country who fuelled the

Daily Mirror - Petrol shortage across country Who fuelled the

Trincomalee Oil Tank Farm. The parties of this agreement included the government of Sri Lanka [GoSL], Lanka IOC [Pvt] Ltd. [LIOC] and Ceylon Petroleum Corporation [CPC]. As per the lease agreement, the oil tank farm with 99 tanks was to be handed over to the LIOC for use for a period of 35 years.

Get Price
sri lanka looks to pay for iranian crude with tea | oilprice.com

Sri Lanka Looks To Pay For Iranian Crude With Tea | OilPrice.com

Sri Lanka Looks To Pay For Iranian Crude With Tea. Sri Lanka's Ceylon Petroleum Corporation (CPC), Sri Lanka's state-owned oil and gas company, owes Iran about $250 million for oil shipments in recent months. But restrictions on payments limits CPC's options on how to pay for the oil. The Sri Lanka Tea Board proposed a solution: compensate Iran with tea instead of dollars.

Get Price
electricity sector in sri lanka

Electricity sector in Sri Lanka

Thermal power stations in Sri Lanka now roughly match the installed hydroelectric generation capacity, with a share of nearly 49% of the available capacity in December 2013 and 40% of power generated in 2013. Thermal power stations in Sri Lanka runs on diesel, other fuel oils, naptha or coal.

Get Price
edible oil refinery for sale in sri lanka seeking lkr 35 million

Edible Oil Refinery for Sale in Sri Lanka seeking LKR 35 million

Edible Oil Refinery for Sale Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

Get Price
daily mirror - global oil market forecasts and imports to sri

Daily Mirror - Global oil market forecasts and imports to Sri

Home Global oil market forecasts and imports to Sri Lanka Global oil market forecasts and imports to Sri Lanka. ... operates a refinery having a capacity for refining of 2 million metric tons of ...

Get Price
oman says willing to sell crude oil to sri lanka ::. latest

Oman says willing to sell crude oil to Sri Lanka ::. Latest

"We have an international trading company and they are willing to look into crude trading with the government or with the petroleum agencies here in Sri Lanka," Omani Oil Minister Mohammad bin Hamad al-Rumhy told reporters in Colombo.

Get Price
iran agrees to build new oil refinery for sri lanka

Iran Agrees to Build New Oil Refinery for Sri Lanka

Sri Lanka is still in talks about the Hambantota refinery, though the government has blocked a proposal by the Chinese companies to sell fuel locally. Sri Lanka has also discussed another 100,000 bpd refinery in partnership with Indian Oil Corp, but there has been no progress on that plan. Courtesy: www.zawya.com

Get Price
sri lanka oil and gas strategic analysis and outlook to 2025

Sri Lanka Oil and Gas Strategic Analysis and Outlook to 2025

Market Research on Sri Lanka Oil and Gas Strategic Analysis and Outlook to 2025- Forecasts of Supply, Demand, Investment, Companies and Infrastructure (Fields, Blocks, Pipelines, LNG, Refinery, Storage Assets) having 100.00 pages and available at USD 3,200.00 from MarketResearchReports.com

Get Price
lanka breaks ground for oil refinery with investments from

Lanka breaks ground for oil refinery with investments from

Lanka breaks ground for oil refinery with investments from Indian firm & Oman Prime Minister Ranil Wickremesinghe, whose 70th birthday coincided with the ground-breaking ceremony, said that with investments coming from India, China and Oman, Hambantota is set to become a multinational investment zone.

Get Price
sri lanka oil refining, sri lanka oil refining manufacturers

Sri Lanka Oil Refining, Sri Lanka Oil Refining Manufacturers

The top supplying country or region is Sri Lanka, which supply 100% of oil refining respectively. Oil refining products are most popular in North America, Western Europe, and Eastern Europe. You can ensure product safety by selecting from certified suppliers, including 11 with ISO22000, 10 with GMP, and 10 with Other certification.

Get Price
analysis: china's oil refineries to face curbs in q3 ahead of

Analysis: China's oil refineries to face curbs in Q3 ahead of

Five refineries in Zibo are allowed to crack imported crude oil, with a total refining capacity of 36.1 million mt/year -- state-owned Sinopec's 14 million mt/year Qilu Petrochemical and independent refineries Jincheng Petrochemical, Wonfull Petrochemical, Qingyuan Petrochemical and Xintai Petrochemical.

Get Price
sri lanka sets sight on iranian oil derivatives | financial

Sri Lanka Sets Sight on Iranian Oil Derivatives | Financial

Sri Lanka Sets Sight on Iranian Oil Derivatives ... "Private and state enterprises can invest in plans to upgrade Sri Lanka's sole oil refinery and double its capacity to boost output and reduce ...

Get Price
ceypetco - slhclondon.org

CEYPETCO - slhclondon.org

trade easy out of Sri Lanka. Sri Lanka is now thinking big, chalking out plans to opti-mize resources and eliminate obstacles to FDI. The govern-ment is inviting foreign participation in tour ism, power, pharmaceuticals, agriculture and fisheries, services, textiles and ceramics through Greenfield or joint-venture projects.

Get Price
sri lanka refining industry infrastructure investments and

Sri Lanka Refining Industry Infrastructure Investments and

Market Research on Sri Lanka Refining Industry Infrastructure Investments and Supply Demand Outlook (Q2 2015) - Forecasts of Sri Lanka Gasoline, Diesel, LPG and Fuel Oil, Refining Capacity, Competition and New Opportunities having 100.00 pages and available at USD 1,500.00 from MarketResearchReports.com

Get Price
sri lanka's ceypetco restarts refinery after planned shutdown

Sri Lanka's Ceypetco restarts refinery after planned shutdown

Sri Lanka's Ceylon Petroleum Corp (Ceypetco) restarted production at its sole 50,000-barrel-per-day Sapugaskanda refinery on the outskirts of Colombo on Wednesday, industry sources said on Friday.

Get Price
oil & gas - wärtsilä in sri lanka

Oil & Gas - Wärtsilä in Sri Lanka

Oil & Gas Wärtsilä offers solutions, products and services for every phase of oil and gas exploration, production, transportation, storage and refining - both onshore and offshore. We are involved in bringing more than five million barrels of oil to the market every day, which is more than 6% of the total world production.

Get Price
india to double its refining capacity: petroleum minister

India to double its refining capacity: Petroleum Minister

India to double its refining capacity: Petroleum Minister Dharmendra Pradhan Addressing the inaugural session of 21st Refinery Technology Meet, Pradhan said his ministry has been emphasising on innovation and strengthening R&D wing.

Get Price