Press briefing of Cabinet Decision taken on 2019-06-25

Entering into a Term Contract for the import of Diesel and Petrol within a period of the next eight months

- The proposal made by Hon. Kabir Hashim, the Minister of Highways & Road Development and Petroleum Resources Development to award the term contact for the import of the required 420,000 barrels of diesel (0.001% Max Sulphur), 1,040,000 barrels of diesel (0.05% Max Sulphur) and 1,084,000 barrels of petrol (92UNL) for the period of 08 months from 2019‑07‑15 to 2020‑03‑14 to M/s Vitol Asia Pte. Ltd. of Singapore, in accordance with the recommendation of the Standing Cabinet Appointed Special Procurement Committee, was approved by the Cabinet.