Ceylon Petroleum Corporation (CPC) Chairman D.J.
Rajakaruna stated that plans remain in place to begin exporting lubricating oil within the next 2 months.He pointed out that Bangladesh has already put orders for this purpose.The CPC Chairman, while dealing with a function of the Ceylon Petroleum Corporation Employees Union, even more included, Until now, our lube oil market had actually completely collapsed.
I enjoy to say that we have actually been able to double our production during this duration.
I am also pleased to reveal that production will reach its maximum in 2 months.
During that time, we will begin exporting CEYPETCO lubricants abroad.
We have actually already gotten an order from Bangladesh.Rajakaruna further kept in mind that the CPC has now collaborated with airlines on the supply of aviation fuel and reduced the expense to listed below that of the area.
He included that as a result, the air travel fuel trade is now increasing at a quicker rate than last year.Regarding the problem of workers annual perks, Rajakaruna described, There is a present issue regarding whether or not the perks can be provided.
I have no objective of halting the reward, but there are laws and circulars that require to be followed.
I have actually looked into how we can give the perks in accordance with those regulations.Approval from the Treasury is needed, and it likewise requires to be submitted to the Cabinet.
We are dealing with the needed procedures to perform that treatment.
Sadly, we can not finish it within this month.Additionally, the CPC chairman assured the staff members that the benefit payments will not be halted.
He clarified that although they couldnt provide the bonus offer this month, the New Year allowance of Rs.
50,000 would be offered as a short-term service.