Press briefing of Cabinet Decision taken on 2019-10-29

Entering into a Term Contract for the import of Murban Crude Oil from 2020-01-01 to 2020-08-31

- The proposal made by the Minister of Highways & Road Development and Petroleum Resources Development, to award the term contract for the procurement of 8,400,000 barrels of Murban Crude Oil for a period of eight (08) months from 2020-01-01 to 2020-08-31, to M/s B.B. Energy (Asia) Pte. Ltd., Singapore, as recommended by the Special Standing Cabinet Appointed Procurement Committee, was approved by the Cabinet.