Press briefing of Cabinet Decision taken on 2022-03-14

Term contract for the importation of Murban Crude Oil for the period of Seven (07) months from 2022-06-01 to 2022-12-31

- Bids have been invited to award the term contract for the procurement of Murban Crude Oil for a period of seven (07) months from 2022‑06‑01 to 2022‑12‑31. The Standing Cabinet Appointed Procurement Committee has recommended to award the relevant procurement to M/s. Coral Energy DMCC, U.A.E. As such, the proposal made by the Minister of Energy to award the relevant contract to the said Company as per the said recommendation, was approved by the Cabinet.