Press briefing of Cabinet Decision taken on 2012-03-21

Renewal of Term Contract Agreement between Ceylon Petroleum Corporation (CPC) and PV Oil Singapore Private Limited (fully owned by the Government of Vietnam) for the Importation of Gas Oil (0.25 % Max. Sulphur) for a period of six (06) months

- the proposal made by Hon. Susil Premajayantha, Minister of Petroleum Industries, to extend the term contract agreement with the Vietnamese Government Owned Company to purchase gas oil for a period of six months, was approved by the Cabinet.