ECONOMYNEXT – Sri Lanka’s Cabinet of Ministers has approved a proposal to award a long term contract for procurement of four shipments of Murban crude oil to BB Energy Asia Pte. Ltd. of Singapore, the government said. The approval was granted after the state-owned Ceylon Petroleum Corporation (CPC) called bids called from registered suppliers under the two optional methods of payment when issuing from stocked tanks and payment within 30 days by a credit letter issued by the Bank of Ceylon for the procurement of four (04) shipments. The procurement is within the period of four (04) months from January…
Sri Lanka awards Murban contract to Singapore-based BB Energy Asia
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