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Press briefing of Cabinet Decision taken on 2012-12-05
Extension of the Existing Term Contract between Ceylon Petroleum Corporation (CPC) and PV Oil Singapore Private Ltd. (a Company owned by the Government of Vietnam)
- the proposal made by Hon. Susil Premajayantha, Minister of Petroleum Industries, on the basis of the recommendation of the Special Standing Cabinet Appointed Procurement Committee to extend the above term contract for a further period of 12 months with effect from 2012?12?01 for the purchase of 2 cargoes of Gas Oil of 40,000 Mt. each per month, on stipulated conditions, was approved by the Cabinet.