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Plea for steady supply of crude for Sapugaskanda refinery

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Sapugaskanda Oil Refinery

By Rathindra Kuruwita

The Sapugaskanda Oil Refinery had produced close to 5,000 metric tonnes of low-quality petrol as a result of restarting operations after an extended stoppage, President of the Petroleum General Employees Union Ashoka Ranwala said yesterday.

Ranwala said that a ship carrying Siberian blend crude oil had arrived in Sri Lanka and the Ministry of Power and Energy must pay for the shipment immediately to ensure that the Oil Refinery could carry on without a stoppage.

“We would also ask them to pay without waiting until we have to pay demurrage. The refinery will run out of crude in 10 days and this shipment must be immediately cleared to prevent another stoppage,” he said.

Sapugaskanda Oil Refinery produced high-grade naphtha and furnace oil and those products fed a number of industries, he said.

Ranwala said around 5,000 metric tonnes of low octane petrol were in storage. They were 82 to 83 octane petrol, he said.

“This happened because we shut the refinery for some time. We have repeatedly said that refining is a complex process. You can’t shut down refineries for months, restart and get top quality products immediately. Even a coffee vending machine takes a while to produce coffee with the right blend,” he said.

The world crude prices are dropping and Sri Lanka must use this opportunity to buy crude and ensure that the Sapugaskanda Oil Refinery remained operational.

“Sapugaskanda has so much potential. We produce high quality petrol, diesel, and other by-products like jet fuel. There is a lot of demand for these, and we can earn money by selling them. The government is trying to show that the oil refinery is a white elephant,” he said.



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Free 14 day visa extension for visitors unable to depart Sri Lanka

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The Department of Immigration and Emmigration has decided effective from 28th February 2026,  to grant a free fourteen  (14) day visa extension to all tourists who are unable to leave Sri Lanka  due to flight cancellations.

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Maldives Coast Guard Ship Huravee arrives in Colombo

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The Maldives Coast Guard Ship Huravee arrived at the Port of Colombo for replenishment purposes on 02 Mar 26. The visiting ship was welcomed by the Sri Lanka Navy (SLN) in compliance with time-honoured naval traditions.

The ship is a 48.9m long Offshore Patrol Vessel which is commanded by Lieutenant Colonel Ahmed Nafiu Mohamed.

Meanwhile, the ship’s crew is scheduled to visit several tourist attractions in the city of Colombo, during their stay in the island.

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AKD warns of far reaching economic consequences of Middle East war

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Anura

President Anura Kumara Dissanayake yesterday called for an immediate and peaceful resolution of the escalating Middle East conflict, warning that the crisis could have far-reaching repercussions on the global economy, including Sri Lanka.

Addressing Parliament, the President stressed that no military conflict benefited humanity, particularly at a time when destructive military technologies were rapidly advancing.

“Any military conflict does not create a favourable situation for any group of people,” he said, urging all parties to make urgent commitments towards peace. “As Sri Lanka, our position is that all parties involved in this war must, as soon as possible, take steps toward a peaceful world.”

He cautioned that Sri Lanka could not remain insulated from the fallout from the conflict, noting that disruptions to global oil and gas supplies, threats to migrant workers in the Middle East, and potential shocks to tourism, remittances, shipping and aviation were real concerns.

A national programme was being formulated to mitigate the impact, he said, adding that its success would hinge on broader international efforts to restore stability, the President said.

Acknowledging public anxiety shaped by past economic hardships, President Dissanayake said social stability could not be ensured through rhetoric alone but required tangible guarantees that citizens would not face another crisis.

While noting that the government had successfully navigated multiple challenges since assuming office, he described the Middle East situation as distinct due to the uncertainty surrounding its duration and outcome.

The government, he said, was closely monitoring developments. The Central Bank had conducted a review with a report on the likely economic impact expected shortly. The Ministry of Finance is also preparing an assessment of the potential effects on public life, alongside measures to ensure the uninterrupted provision of essential services locally and for Sri Lankans overseas.

“The primary responsibility for finding a path out of the crisis rests with the Government,” he said, calling on Parliament and the public to collectively confront the challenge under a unified national plan.

Providing a detailed account of the country’s energy reserves, the President said storage capacity rather than supply remained the key constraint. Excluding the Indian Oil Corporation tanks in Trincomalee, total storage capacity at Kolonnawa and Muthurajawela stands at approximately 150,000 metric tons.

Diesel stocks were currently sufficient for 33 days, with refining contributing around 1,800 metric tons daily. Petrol reserves will last 27 days, with a 35,000 metric ton shipment due on March 7 or 8 expected to extend availability to around 40 days.

Aviation fuel stocks are adequate for 49 days, supported by both daily refining and imports. Scheduled shipments include vessels from RM Parks on March 14, Sinopec on March 17, IOC on March 21 and the Ceylon Petroleum Corporation on March 28.

Crude oil supplies were sufficient to operate the refinery for 26 days, with an additional shipment expected to extend operations by a further 18 days, the President said.

“Because of this, there is no crisis regarding oil,” the President assured Parliament.

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