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

Entering into a Term Contract for the import of 1,960,000 Barrels of Gas Oil (0.05% Maximum Sulpher (MS) from 2019-10-01 to 2020-06-30

- The proposal made by the Minister of Highways & Road Development and Petroleum Resources Development, to award the term contract for the import of 1,960,000 Barrels of Gas Oil (0.05% Maximum Sulpher (MS)) for a period of Nine (09) months from 2019-10-01 to 2020-06-30, to M/s Emirates National Oil Company Pte. Ltd., Singapore, as recommended by the Procurement Appeal Board, was approved by the Cabinet.