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Multi-billion rupee project in the pipeline to push up SL’s fuel buffer stock to 3 months

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BY SURESH PERERA

Sri Lanka has embarked on an ambitious multi-billion rupee initiative to significantly improve the country’s Strategic Petroleum Reserve (SPR) under an ongoing long-term plan to push up the buffer stock to approximately three months from the existing 21 days.

As a crucial element of the strategy, a new oil farm will be built at Muthurajawala, while enhancing the holding capacity at the Kolonnawa storage terminal in the backdrop of continuing talks with the Indian government to reclaim 84 unused tanks in the upper section of the Trincomalee oil farm.

The operation of the 99-tank Trincomalee oil farm complex was given to Lanka Indian Oil Company (LIOC), a subsidiary of Indian state-owned IOC, under a long-term lease in 2003. However, at present, only 15 tanks in the lower section of the gigantic British built WW2 era facility are being used by the Indian company.

“The minister is in talks with the Indian government to explore the possibility of using the 84 oil storage tanks now lying idle”, says M. Uvais Mohamed, Chairman/Managing Director, Ceylon Petroleum Storage Terminals Limited (CPSTL).

“We need to prioritize our focus on enhancing the available storage capacity as the national demand for fuel climbs by 5% per annum”, he said in an interview with The Sunday Island in his office at the sprawling, six-acre Kolonnawa oil terminal.

Sri Lanka’s annual import of fuel amounts to two million metric tons of crude oil and three million metric tons of refined oil.

The Chairman said that 50 acres were sought for the proposed Muthurajawala oil storage project (adjoining the existing CPSTL facility of 29 tanks) but only 25 acres were released. If the outright purchase of the land is considered too costly, a lease arrangement will be worked out.

“The idea is to build bigger oil storage tanks at the new Muthurajawala complex because they are more efficient and easy to maintain”, he explained.

Referring to the proposed storage capacity expansion at the Kolonnawa terminal, he outlined that the construction of nine new oil tanks are on the cards at a cost of Rs. 3 billion.

International tenders were called to build four 15,000MT, four 7,000MT and one 5,000MT oil tanks at the Kolonnawa complex, and bids were awarded to an Indian company to construct six of them, while the other three will be undertaken by a Sri Lankan enterprise using 100% local labor, Mohamed continued.

“One oil tank at Kolonnawa, which is unusable as it’s around 50 to 60 years old, will be demolished, while another with its bottom deck corroded can be repaired. We can do it for Rs. 50 million rather than spend Rs. 500 million to build a new one”, he said.

The Chairman stressed that Muthurajawala was earmarked for the new oil farm as Kolonnawa is a densely populated, cosmopolitan area with inadequate land resources for such a mega project.

“What is important is to enhance energy security by improving the country’s oil reserves to meet any contingency. That’s why we are looking at a three months’ buffer stock in the long run. This is a fair target because even a big country like the US maintains three to six months in oil reserves”, he noted.

Q: When do you expect to achieve the target of enhancing storage capacity under the ‘long-term plan?’

Within the next two to four years, we will be able to increase storage capacity by 100,000MT. The refurbishment of tanks, which are either not in use or cannot be used to their full capacity, is being undertaken. As a result, in another six months, we will be able to enhance capacity by 20,000MT. We are expediting the whole process. These are concrete plans, not wishes. Energy security is of paramount importance.

Q: You referred to talks with India on using 84 tanks in the Trincomalee oil farm. Has there been any headway?

The Minister is holding discussions on the matter, and as we maintain cordial relations with India, I think we will be able to work it out. This was government-owned land that was leased out to the IOC. The Sri Lanka government will decide on it. We should work together to make it viable and beneficial to the country.

Q: The CPSTL is largely dependent on the private sector bowsers for the distribution of fuel island-wide. Don’t you agree that CPSTL should have its own fleet of vehicles for this purpose in the event of a contingency?

At present, 88% of daily distribution of fuel is done by bowsers belonging to both the CPSTL and private owners. However, CPSTL owns only 158 bowsers, while around one thousand others are hired from private owners. I agree that we need to enhance our fleet to strike a balance. Though we have a good understanding with the private bowser owners, it is imperative that we have our own in sufficient numbers in case of an emergency.

We need to reduce costs and enhance efficiency through rail transport of fuel. We have added 27 more wagons to our fleet with the support of the CGR (Ceylon Government Railway). We maintain a bulk storage facility in Anuradhapura for distribution to the North. We have now procured six acres of land at Kankesanthurai for a proposed bulk storage facility to supply fuel to the North.

As the “bloodline of the nation”, it is our responsibility to ensure fuel supplies to all key segments of the economy, whether it is shipping, aviation, transport, power generation or industries. All of them depend on our service. We have to render an efficient and effective service to the nation to realize the President’s vision to make Sri Lanka prosperous.

Bringing greater efficiency to this sector even by a small percentage translates into a saving on the country’s foreign exchange reserves. It also has an impact on the trade balance and the economy as a whole.

Q: Was CPSTL able to achieve its target in terms of profits for 2020?

We were looking at a target of Rs. 1.6 billion, but even with the Covid-19 pandemic, we are optimistic of achieving Rs. 1.6 – Rs. 2 billion.

During the height of the Covid outbreak, we distributed hand and floor sanitizers free of charge to the police, armed services, health authorities and other key segments. During the general election, the Election Department made a big saving as we supplied the requirement of hand/floor sanitizers to polling booths.

At 42 years, Uvais Mohamed is the youngest Chairman to be appointed to the CPSTL. The brother of Justice Minister Ali Sabry, he is a management accountant with work experience in the United Kingdom, India and Bangladesh.



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Prime Minister launches Zahira College, Puttalam Website

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The Prime Minister stated that the objective of the government is to use data and policy to provide what is best for children. Political interests or any other considerations are not important to us; what matters is, only the children.

The Prime Minister made these remarks while participating in an inspection visit to Zahira Muslim College Puttalam on Saturday [17th of January], following the visits to schools affected by the recent cyclone Dithwah.

During her visit, the Prime Minister officially launched the school’s website, which was designed and developed by the students of Puttalam Zahira Muslim College.

Responding to views presented by the Principal regarding obtaining approval to commence the GCE Advanced Level Science stream at the school, the Prime Minister stated that children should be provided with knowledge not only in science, but across all subject areas. She emphasized that all schools within the district should work collaboratively toward this goal, and stressed that building a division in society is not the vision of the government.

The Prime Minister further highlighted the need to do what is best for children, requesting that proposals and decisions required for this purpose be discussed collectively at the school level and communicated to her. She noted that it is not possible to provide a comfortable and effective education for children by operating in isolation as individual schools, and reiterated that priority must always be given to the needs of children.

Addressing at the gathering, the Prime Minister stated:

“We are now experiencing the consequences of incorrect decisions taken in the past. However, we can now look into a positive present. Therefore, going forward, we must refrain from making decisions based on political or personal considerations. Instead we must cultivate the practice of making decisions for the well-being and happiness of all children.

It was also emphasized that, in order to nurture children with diverse talents and abilities, education should not be limited to a single subject stream, but should aim to develop children with an understanding across all fields”.

The occasion was attended by the Minister of Public Administration, Provincial Councils and Local Government, Prof. A.H.M.H. Abayarathna; Members of Parliament Gayan Janaka Kumara, Ajith Gihan, Mohamed Faisal, and Hiruni Wijesinghe; the Mayor of the Puttalam District; the Secretary of Education to the North Western Province; the Director of Education; and teachers.

[Prime Minister’s Media Division]

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Premadasa: Grade 6 syllabus fiasco signals deeper issues

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Harini Sajith

Vicious attacks disguised as criticism of education reforms, says PM

Opposition Leader Sajith Premadasa has said Sri Lanka’s education system has fallen into a “tragic condition,” warning that the crisis extends far beyond the Grade 6 syllabus fiasco.Premadasa made these remarks at the Opposition Leader’s Office during the establishment of the “Common Platform to Protect Free Education.”

Premadasa said that while public attention was on the Grade 6 syllabus issue, the problems facing the education sector were far deeper and affected the entire education system, including schools, universities and tertiary education institutions.

The Opposition Leader noted that the current crisis had not manifested itself overnight due to result of recent decisions; instead, it had developed over time due to reforms being introduced without proper consultation, dialogue or a participatory process involving stakeholders.

The Opposition Leader stressed the urgent need for setting political agendas aside and making a concerted effort to introduce meaningful educaton reforms. He said the rights of more than 4.1 million schoolchildren must be protected.

Premadasa said Sri Lanka must ensure that education was free and of high quality, and warned that failure to do so would have long-term consequences for the country’s future.

Taking part in a televised interview, PM Harini Amarasuriya responded to criticism of the government’s proposed education reforms, especially recent criticism on the rainbow colours on the covers of modules.

This is not constructive in any way. This is vile. This is really vicious. This is the politics the people of this country rejected in three elections in 2024 and 2025,” she said.

She added that the government was open to constructive criticism.

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Sri Lankan Airlines launches Intl branding initiative for Colombo Nawam Maha Perahera 2026

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SriLankan Airlines has unveiled a landmark international branding initiative to promote the Colombo Nawam Maha Perahera 2026, one of the country’s most distinguished religious and cultural festivals. The initiative is showcased on an Airbus A320neo, transforming the aircraft into a flying ambassador of Sri Lanka’s living heritage.

Through a specially designed aircraft livery, SriLankan Airlines now carries the prestige, spirituality, and cultural identity of the Nawam Maha Perahera across its international route network. This initiative positions the Perahera not only as a sacred Buddhist procession, but also as a major cultural and tourism attraction, highlighting

Colombo as a destination of heritage, harmony, and tradition.

Organised under the auspices of the Gangaramaya Temple, the Nawam Maha Perahera is internationally recognised for its historical significance, spiritual depth, and ceremonial grandeur. The concept for this international branding initiative was initiated by Venerable Dr. Kirinde Assaji Thero, who recognised aviation as a powerful platform for cultural diplomacy and global storytelling.

The successful realisation of this initiative has been made possible through the collective efforts of the Nawam Maha Perahera Committee, devoted devotees and supporters, and the institutional collaboration of the Prime Minister’s Office and the Ministry of Aviation, together with the full cooperation of SriLankan Airlines. The entire international aircraft branding initiative has been fully funded by the Gangaramaya Temple, together with the Nawam Maha Perahera Committee, reflecting the commitment of the Temple and its devotees to preserving and promoting Sri Lanka’s religious and cultural heritage on a global stage.

SriLankan Airlines extended its support across all levels of the organisation. Special appreciation is extended to the Chairman, Board of Directors, senior management, engineering and technical teams, designers, operational staff, and frontline employees, whose combined expertise and dedication transformed this cultural vision into reality.

Recently, Venerable Dr. Kirinde Assaji Thero, along with members of the Nawam Maha Perahera Committee, visited the SriLankan Airlines engineering and operations premises in Katunayake, accompanied by resident young Buddhist monks from the Gangaramaya Temple. During the visit, the delegation observed the progress of the aircraft branding work and offered blessings to the SriLankan Airlines team, expressing appreciation for their professionalism and commitment.

As the Airbus A320neo travels from city to city and culture to culture, it carries with it the story of Gangaramaya Temple, the Nawam Maha Perahera, and Sri Lanka’s enduring cultural values—fostering international awareness and strengthening the country’s image as a destination of faith, heritage, and cultural pride.

This initiative stands as a strong example of how religion, culture, tourism, and national aviation can work together in unity to elevate Sri Lanka’s presence on the global stage in the lead-up to the Colombo Nawam Maha Perahera 2026.

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