India hands over 40,000 MT fuel consignment to Sri Lanka
Posted on February 15th, 2022
Courtesy Adaderana
He said the India-Sri Lanka partnership continues to work towards energy security of Sri Lanka.
India’s High Commissioner to Sri Lanka Gopal Baglay today handed over a fuel consignment of 40,000 metric tonnes from the Indian Oil Corporation (IOC) to Sri Lanka’s Energy Minister Udaya Gammanpila.
India – a committed partner and a true friend of Sri Lanka. High Commissioner handed over 40,000 MT fuel consignment by @IndianOilcl to Hon’ble Energy Minister Udaya Gammanpila today. India-Sri Lanka partnership continues to work towards energy security of Sri Lanka,” the High Commission in Colombo tweeted.
Steps will be taken to immediately unload the consignment and hand over the fuel to the Ceylon Petroleum Corporation (CPC).
The fuel consignment was delivered by the Oil tanker ’Swarna Pushp’ arriving from India.
Earlier this month, Sri Lanka signed a $500 million credit line with India to import fuel, as the country seeks to stave off power cuts amid a foreign exchange crisis that has hampered purchases of diesel for power plants.
The Export-Import Bank of India (EXIM) is providing the credit line for purchasing petroleum products.