The Hon. Kins Nelson

Samagi Jana Balawegaya· Polonnaruwa· 19 August 2025 ·Oral question: Oral Question: Petroleum Corporations and Companies (Q.5/623/2025)

Public FinanceInfrastructure

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Kins Nelson asked how the State will generate revenue from the 24 Trincomalee oil tanks leased to the CPC for refurbishment on a 50-year basis once refurbishment is completed. He also sought clarification on whether discussions are underway with foreign companies regarding the project.

Verbatim record (translated)

Machine-translated from Sinhala / Tamil / English

¶ 01 Hon. Speaker, my second supplementary:

¶ 02 On the 50-year lease basis, 24 Trincomalee oil tanks are under CPC for refurbishment. Once refurbished, what revenue mechanism will benefit the State? Are discussions ongoing with foreign companies?

Provenance

Source: Hansard, Tuesday, 19 August 2025 ·No. 1755860432040633 ·English daily/uncorrected Hansard
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Cite as: The Hon. Kins Nelson. 10th Parliament, Parliament of Sri Lanka. Hansard, 19 August 2025. No. 1755860432040633. Politick, https://staging.politick.io/lk/speeches/6591