Home | Business News | Browse by Publication | W | WWP-Report on Engineering Construct & Plant Operations in the Developing World

SRI LANKA: $500,000,000 soft loan is being sought from Saudi Arabia in order to enable increasing the production capacity of an oil refinery, CEYLON PETROLEUM CORP. (CPC) [Sri Lanka] Order #: 059506.

Publication: WWP-Report on Engineering Construct & Plant Operations in the Developing World
Publication Date: 01-MAY-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
PROJECT OVERVIEW

Sri Lanka currently imports all its light crude requirements from Iran, Malaysia and Saudi Arabia and refines about 2 million tons per year locally. A further 1.2 million tons are imported as refined products. As a result, the government is now seeking a $500,000,000 soft loan from Saudi Arabia in order to expand its production capacity.

The local state-owned CEYLON PETROLEUM CORP. (CPC) presently operates a refinery with an installed...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from WWP-Report on Engineering Construct & Plant Operations in the Developing World
UAE: Joint venture construction start-up on planned $185,000,000 melam..., May 01, 2006
UAE: Construction plans for proposed oil terminal expansion project, V..., May 01, 2006
UGANDA: Construction plans for proposed $341,000,00 build-operate-tran..., May 01, 2006
VENEZUELA: Joint venture construction contract award for planned $2,00..., May 01, 2006
VENEZUELA: Construction plans for proposed $5,400,000,000 petrochemica..., May 01, 2006

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.