Sri Lanka to seize part of strategic IOC oil storage depot
Sri Lanka announced on Thursday it would repossess part of a strategic oil storage depot from a state-run Indian firm after Delhi supported international calls to probe war crimes on the island.world Updated: Mar 22, 2013 08:44 IST
Sri Lanka announced on Thursday it would repossess part of a strategic oil storage depot from a state-run Indian firm after Delhi supported international calls to probe war crimes on the island.
Information minister Keheliya Rambukwella said there were provisions to repossess tanks that were not being used by the Indian Oil Company’s local unit, Lanka IOC, in the northeastern port of Trincomalee.
“If they are not using the tanks, we can use them,” Rambukwella told reporters.
“This is for the country. If they are not using these tanks, the CPC (state-run Ceylon Petroleum Corporation) wants to take them back and put them into good use.”
Rambukwella denied that the move to repossess the facilities, which were privatised in 2003, was in retaliation for India voting with the US to censure Sri Lanka at the UN Human Rights Council on Thursday.
“The CPC had wanted to expand. They need at least three tanks in Trincomalee to store their chemicals and other products,” he said, adding that there were legal provisions for the government to repossess the tanks.
Lanka IOC chief Subodh Dakwale said he was unaware of government plans to take back some of the tanks at the Trincomalee tank farm.
“We are right now spending $17 million to refurbish two tanks and we are quite unaware of the plan to take over some of them,” Dakwale told AFP.
First Published: Mar 22, 2013 00:57 IST