Business

Sri Lanka Awards Crude Oil Supply Contract to Vitol Asia (Singapore)

Sri Lanka’s Cabinet has approved a contract for the purchase of three shipments of Murban crude oil from November 15, 2024, to April 14, 2025, to Vitol Asia (Singapore) Pte Ltd. The agreement, as stated by a government release, involves acquiring 2,100,000 barrels of Murban crude, with a margin of ±5%, on a payment basis

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