Sri Lanka in talks with India on oil pipeline to Trinco

News
By Editor_1

COLOMBO – Sri Lanka is in talks with India to build an oil pipeline to transport fuel to the Eastern Port of Trincomalee, President Ranil Wickremesinghe had told energy investors, according to a statement from his media office.

There are on-going discussions on “bringing an oil pipeline from India to Trincomalee,” the president had said.

Trincomalee has  a World War II-era 99 tank farm, a part of which is under the control of Lanka India Oil Corporation. The rest is under joint control of IOC and Ceylon Petroleum Corporation.

LIOC Managing Director Manoj Gupta said high level discussions and studies were underway for a finished product pipeline.

Trincomalee has been identified as a potential port for green hydrogen due to the availability of renewable energy in northern Sri Lanka, President Wikremesinghe had said.

Green hydrogen is a potential future marine fuel.

-economynext.com

Editor_1
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