INSUBCONTINENT EXCLUSIVE:
into a separate public enterprise.According to sources, the government plans to retain only approximately 200 of the current employees for
maintain operations.In March, the Cabinet of Ministers recently approved a proposal to operate the Sapugaskanda Oil Refinery as a
decided that the Sapugaskanda Oil Refinery be operated as a separate public enterprise and to call Expressions of Interest (EOIs) to select
a suitable strategic investment partner to upgrade the infrastructure facilities to address the existing operational challenges.The Power
and Energy Minister had said the government is also exploring the option of relocating the Sapugaskanda Oil Refinery to Trincomalee in the
future with upgraded modern facilities and the development of the Tank Farm.The facility, which is the only oil refinery in Sri Lanka, was
