CPC to buy 1.5mn barrels of 92-octane petrol from Vitol Asia

Sri Lanka’s Cabinet has approved awarding the contract to purchase 5 shipments of 92 petrol to Vitol Asia (Singapore) Pte Ltd, Cabinet spokesman Nalinda Jayatissa said.

The 300,000 (+/- 5%) barrels of petrol is for a six month period from April 15 to October 14.

Bids were called by the State-owned Ceylon Petroleum Corporation from registered suppliers for the long term contract, and 7 bids were received.

The bid submitted by Vitol Asia (Pvt) Ltd in Singapore was recommended as the responsive bid by the cabinet-appointed special standing procurement committee and the standing technical evaluation committee.

 

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