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Ceylon Petroleum was Sri Lanka's largest company by revenue. But now the company is reporting loss in several million rupees. [31] In April 2020 Ceylon Petroleum Corporation lost Rs. 45.1 billion first quarter. Company total debt rising 1,158.7 billion. [32] Import expenditure on petroleum in 2021 was US$3.9 billion against US$1.7 billion in 2019.
Rank Name Financial statistics in millions US$ Industry Revenue Profit Assets 1 Ceylon Petroleum Corporation: 3,016 9.9 1,477 Oil and gas: 2 Bank of Ceylon
The Sapugaskanda Refinery (also referred to as Sapugaskanda Oil Refinery) is the single largest oil refinery of Sri Lanka.The refinery was built in August 1969 by the Ceylon Petroleum Corporation under the guidance of Iran, [1] initially designed to process 38,000 barrels (6,000 m 3) per stream day of Dubai crude oil, and Arabian light crude oil.
Indian Oil Corporation, will invest Rs. 10 billion (US$62 million for the first phase, US$38 million would be invested in the second phase) in Sri Lanka and will operate 100 fuel stations which it has purchased from the Ceylon Petroleum Corporation [5] In 2003, Sri Lankan Government give to 15 Trincomalee oil tanks, on a 35 years lease for an ...
Oil prices climbed above $80 a barrel on Thursday for the first time since November 2014, before retreating on a stronger dollar and climbing U.S. output to end unchanged. A rapid slide in oil ...
Airport and Aviation Services (Sri Lanka) Limited; The Associated Newspapers of Ceylon Ltd; B.C.C. Lanka Ltd; B.O.C. Bank; CTB BUS; Lynx BUS; Building Materials Corporation Ltd
Ceylon Cold Stores: Consumer goods Food products Colombo: 1866 Food products P A Ceylon Electricity Board: Utilities Conventional electricity Colombo: 1969 State electrical distribution and generation S A Ceylon Petroleum Corporation: Oil & gas Exploration & production Colombo: 1962 Petrochemical refining and sales S A Ceylon Tobacco Company ...
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