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Sathosa to open 5 mega stores, 10 regular stores, in first quarter of 2024 - Breaking News

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Trade Minister pledges 75% reduction in CoL by 1st quarter!

Trade Minister pledges 75% reduction in CoL by 1st quarter!
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Focus on obtaining report on smell of gases before releasing to the market

Focus on obtaining report on smell of gases before releasing to the market Hiru News Most visited website in Sri Lanka,Sri Lanka Latest news updates from Sri Lanka. Sri Lanka News updates and discussions. Welcome to the No1 online news Site for Sri Lankans. A Rayynor Silva Holdings Company

CPC to expand refinery venture with US$ 2 5 billion investment

Pic: Sujatha Jayaratne by Sanath Nanayakkare Ceylon Petroleum Corporation (CPC) has initiated feasibility studies for a project which has been on the cards for a long time to expand its crude oil processing capacity at its Sapugaskanda plant up to 100,000 barrels per day, in order to boost its volume of refined petroleum products issued to the market. “A feasibility study aimed at determining the technical, operational, environmental and commercial scope of the planned 100,000-b/d expansion is underway with a focus on several proposals to enhance the refinery’s existing capacity,” CPC Chairman Sumith Wijesinghe told The Island Financial Review on Tuesday.

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