Gotabaya Rajapaksa Udaya Gammanpila China India Sri Lanka president reports Gotabaya Rajapaksa Udaya Gammanpila China India Sri Lanka

Trinco Oil Tank Farm agreement in a month – Gammanpila

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In a month’s time, Sri Lanka will ink the long-dragging deal with India to jointly develop the Trincomalee oil tank farms, Sri Lanka’s Energy Minister Udaya Gammanpila had told India’s The Hindu.The Minister had noted that the relevant documentation will be submitted at the next Cabinet meeting.The Minister said he has instructed the Ceylon Petroleum Corporation (CPC) to form a subsidiary company, Trinco Petroleum Terminal Ltd., for the purpose.The move follows President Gotabaya Rajapaksa’s nod to set up the special purpose vehicle ahead of the next Cabinet meeting, reported The Hindu.“We don’t have a Cabinet meeting this week because of the holidays.

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