Ageing Sapugaskanda refinery contributes to Lanka s misery

  • 26 May 2008 04:25:49 GMT

    WRH,

    While MR is laughing in Bank,

    All the singlecellese are walking & crawling to Bank !

    It Seems Even Colombo guys are readying their cycle due to high cost of Oil.

  • 26 May 2008 04:26:50 GMT

    First need to upgrade the politicians Brains which contributes to Lankas Misery..

  • 26 May 2008 04:30:14 GMT

    Well lets see if it gets postponed

  • 26 May 2008 04:31:02 GMT

    http://www.thesundayleader.lk/20080302/NEWS.HTM[Sapugaskanda Refinery closed for repairs

    By Nirmala Kannangara

    The shut down of Sapugaskanda refinery for repairs at a time when the world fuel prices are at their peak has badly affected the country`s economy, sources from the Ceylon Petroleum Corporation (CPC) said.

    Despite the annual fuel price hikes in the world between November and March due to the high fuel demand in the European countries during the winter season, the CPC`s decision to shut down its refinery in January has been roundly criticised.

    Sixty percent of the country`s fuel needs are met by the Sapugaskanda refinery and the balance 40% is imported into the country. The closure of the refinery has compelled the CPC to import the country`s entire fuel requirement at a higher cost burdening the already suffering masses, CPC sources told The Sunday Leader .

    `The CPC`s decision to repair the refinery at a time when world fuel prices are at its peak has led the corporation to purchase the country`s entire fuel need at a very high cost. What the corporation would have done was to shut down the refinery during April to July when the world fuel prices are at the lowest but not at this juncture,` said the sources.

    These sources pointed out that although the government has been saying that world fuel prices have reached its peak, it has failed to state as to why the country is purchasing its entire need at a high price when they could have averted such a situation if the government was really concerned about the state of the country`s economy.

    `This clearly shows the ignorance of the Petroleum Ministry and the CPC management. To ensure the smooth functioning of the refinery, it was to be repaired in March 2006 but the Ministry`s failure to give permission for the repairs made the management to shut down the refinery for repairs at the most inappropriate time,` the sources further claimed.

    Meanwhile, Secretary, Petroleum and Petroleum Resources Ministry, A.P.A. Gunasekara justifying the decision to shut down the refinery for repairs in January told The Sunday Leader that it was compelled to shut downs the refinery as it needed repairs badly.

    However, when asked as to why he failed to approve the repairs in March 2006 which would have saved billions in foreign exchange and also why he could not delay the repairs till the world fuel prices dipped during April-July, Gunasekara failed to give an explanation.

    `We had to offer the job on tender. The necessary machinery were brought late last year and that is why we had to start the work in January. What is the use of delaying the repairs till April? That would not make any difference,` said Gunasekara

    ]

  • 26 May 2008 04:31:06 GMT

    [It Seems Even Colombo guys are readying their cycle due to high cost of Oil.]

    I would like to see their politicians cycling to work.

    Wouldn`t that be something?

    Lets see how they fly their jets and sail their boats.....ha ha ha

  • 26 May 2008 04:32:24 GMT

    [Another money making scam in the making.

    Mr and family will be laughing all the way to the bank.]

    Idiots don`t understand the reality. The demand for petroleum increased in many folds over the last 30 years every where in the world , so is in Sri Lanka. We need to improve the capacity of our refinery to meet the demand.

  • 26 May 2008 04:32:38 GMT

    [Well lets see if it gets postponed]

    You can be dead sure it will be postponed.

    They will make a lot of noise but it WILL be postponed. Why? No Money .... thats why.

  • 26 May 2008 04:32:50 GMT

    Time to sell it to India..

  • 26 May 2008 04:36:13 GMT

    [Time to sell it to India..]

    India was eying it for a long time and there is no way GoSL can say no account it owes India a mighty lot of money.

    India taking over is a sure thing.

  • 26 May 2008 04:37:05 GMT

    Update of close down for repairs...

    [Shutdown delayed

    SINGAPORE: Sri Lanka s Ceylon Petroleum Corp will postpone the regular maintenance shutdown of its 50,000 bpd Sapugaskanda refinery to June from mid-January, a company source said.

    The firm has decided to postpone the maintenance as they are unable to finalise the parts and the costs.

    ]