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- Does Sri Lanka need a new refinery?
- Oil Refinery and Pipeline: Sri Lanka’s only refinery and the main port-to-refinery pipeline are in urgent need of upgrading and expansion. The state-owned Ceylon Petroleum Corporation (CPC) runs the Sapugaskanda refinery and plans to modernize the existing refinery and build a new one have been discussed for several years.
- Is Sapugaskanda Oil Refinery a viable option for Sri Lanka?
- Output from the Sapugaskanda oil refinery meets 40 percent of Sri Lanka’s demand for refined fuels, while the government imports 60 percent of the refined fuels consumed domestically. A feasibility study was carried out in 2021, however the government has yet to publish a Request for Proposals (RFP).
- How much oil does Sapugaskanda Refinery Process?
- Existing Oil Refinery at Sapugaskanda was commissioned in August 1969 to process 38000 BPSD ( 5200 mt/d ) of Iranian light crude oil. Even though the capacity of crude distiller was 5200 mt/d, unit was capable of processing 5800 mt/d of crude oil.
- Where does Sri Lanka import refined petroleum?
- Sri Lanka imports Refined Petroleum primarily from: India ($750M), Singapore ($464M), United Arab Emirates ($460M), Malaysia ($246M), and Saudi Arabia ($179M). The fastest growing import markets in Refined Petroleum for Sri Lanka between 2020 and 2021 were India ($488M), United Arab Emirates ($318M), and Saudi Arabia ($128M).
