Category: Petroleum
Sri Lanka John Keells Holdings profits up 19-pct in June quarter
July 27, 2017 (LBO) – Sri Lanka’s diversified conglomerate John Keells Holdings group profits rose 19 percent to 2.8 billion rupees in the June quarter from a year earlier, the interim accounts showed. The firm reported basic earnings of 2.04 rupees per share for the quarter against 1.74 rupees reported a year earlier. Group sales […]
Government says fuel distribution restored despite union action
July 26, 2017 (LBO) – Sri Lanka’s government informs that bowsers can now collect fuel from stores as the government has restored fuel distribution.buy priligy online buy priligy online no prescription Security forces have been deployed to help authorities restore fuel distribution in the country. The President on Tuesday declared storage, transport and distribution of […]
LAUGFS to set up cylinder manufacturing plant in Bangladesh
July 17, 2017 (LBO) – LAUGFS Gas Bangladesh, part of the diversified Sri Lankan multinational LAUGFS Holdings, said it is planning to set up a cylinder manufacturing plant in Bangladesh. LAUGFS Gas Bangladesh currently operates a world-class LPG import, bottling and distribution facility in Mongla Port, the company said. It serves domestic and industrial segments […]
SriLankan Airlines, CEB, CPC record Rs30bn loss in first 4 months
July 10, 2017 (LBO) – State-owned carrier Sri Lankan Airline, main power supplier Ceylon Electricity Board and Ceylon Petroleum Corporation together have recorded a loss of 30 billion rupees in the first four months of this year, a treasury report showed. Sri Lankan Airlines The total loss of Sri Lankan Airlines increased by 55 percent […]
”’ LNG to Sri Lanka
June 01, 2017 (LBO) – India’s Petronet LNG has proposed to supply ‘green’ LNG to Sri Lanka and is awaiting an evaluation of their proposal, Deputy Manager of Petronet LNG Manik Jhamb said during a visit to Colombo. “Investing in it is a win-win for Lankan government, consumers and for us since it is Green […]
‘s petroleum unions warn of another strike next week
May 17, 2017 (LBO) – The Ceylon Petroleum Corporation (CPC) unions have in a letter informed the Premier that they will re- commence halted strike action next week regarding the Trincomalee Oil tank farm, the unions convener said. online pharmacy buy spiriva inhaler with best prices today in the USA D.J. Rajakaruna, convener of the Joint […]
LAUGFS says LPG Terminal in Hambantota on schedule for 2018
May 04, 2017 (LBO) – One year into the construction of the LAUGFS LPG Import and Export Terminal in Hambantota, the first phase, with a 30,000 MT capacity, is on schedule for commissioning in the first half of 2018, the company said. The LAUGFS Terminal, built with an investment of USD 80 million, is expected […]
Sri Lanka calls for public comments on national energy policy
Apr 04, 2017 (LBO) – Sri Lanka’s energy ministry has invited all stakeholders to study the draft National Energy Policy & Strategies and provide their comments, inputs and observations to further improve the policy. A committee of experts has been tasked to develop the policy based on energy supply and demand in the past, present […]
Lubricant players concerned over duty hike on synthetic lubricants
Mar 22, 2017 (LBO) – Sri Lanka’s lubricant suppliers are starting to pass the tax imposed on synthetic lubricants to end users, the Ceylon Motor Traders Association warned. The association said the recent 31 percent rise in duty and tax imposed by the government on synthetic lubricants effective mid-November is causing alarm in the market, […]
Sri Lanka to purchase petrol, diesel through long-term contracts
Mar 16, 2017 (LBO) – Sri Lanka’s cabinet nod has been received to purchase petrol and diesel through long-term contracts for a period of eight months starting from March.buy doxycycline online buy doxycycline online no prescription Petroleum Minister Chandima Weerakkody has made a proposal for the purchase of 4,200,000 Bbls of Diesel (Max. sulphur percentage […]
CEB wants to lift non-conventional renewable energy to 17-pct by 2019
Mar 07, 2017 (LBO) – Sri Lanka’s state owned Ceylon Electricity Board has set a target to increase electricity generation from renewable resources from the current 10 percent to 17 percent by the end of 2019. online pharmacy buy abilify with best prices today in the USA buy antabuse online https://qpharmacorp.com/wp-content/uploads/2023/08/png/antabuse.html no prescription pharmacy buy […]
CPC to improve refinery efficiency & financial viability by 2019
Mar 03, 2017 (LBO) – Sri Lanka’s state-owned Ceylon Petroleum Corporation has set out several targets to be achieved by 2019 with a view to minimize losses. online pharmacy buy spiriva inhaler with best prices today in the USA buy vilitra online https://yourolddog.com/wp-content/uploads/2020/08/png/vilitra.html no prescription pharmacy buy clomid online https://lifepractice.net/wp-content/uploads/2022/08/png/clomid.html no prescription pharmacy The operational […]