International Business News: The Sri Lankan government has extended the petroleum products license of Lanka IOC, the local subsidiary of Indian Oil Corporation, for another 20 yea
Sri Lankan government renews Lanka IOC's petroleum licence for 20 years devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
The licence originally issued in 2003 was to expire in January 2024. This will allow Lanka IOC to continue its retail operations on the debt-trapped island nation until January 22, 2044.
According to officials, the Sri Lankan government has extended for an additional 20 years the petroleum products licence that Lanka IOC, the Indian Oil Corporation subsidiary operating locally, was granted. The first 2003 permit was set to expire in January 2024. The government has extended the petroleum products licence given to Lanka IOC, the Indian Oil Corporation local subsidiary, for an additional 20 years, the officials said.
Sri Lankan govt renews Lanka Indian Oil petroleum license for 20 years business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.