New Petroleum Storage Terminal In Pallai, Sri Lanka
03.11.2014 - NEWS

March 11, 2014 [The Sunday Leader] - The Ceylon Petroleum Storage Terminals Limited has initiated a plan to construct a new storage facility in Pallai, and shift the operations of the storage facility in Kankasanthurai to the new location. This move was made with the expansion of the Northern railway line up to Pallai.


Addressing a press conference last Friday, the Chairman/Managing Director of CPSTL Major General M.R.W de Zoysa said that the CPSTL had already allocated a 40 acre land in Pallai from the JEDB for the construction of the new storage facility. “We plan to construct tanks sufficient for a month’s storage for petrol diesel and kerosene. It would make the transportation and distribution of fuel more cost effective and convenient,” he added.

Zoysa also stated that the CPSTL has also planned to construct a further six storage tanks of 10,000 metric ton capacity in Kolonnawa and four tanks in Muthurajawela.

He said that the CPSTL also is constructing a state of the art fuel testing laboratory in Kolonnawa at a cost of Rs. 150 million. He added that the octane machine expected to be installed at the facility would cost Rs. 80 million and it would be the only machine in the country.

Glenfarne, BGN Sign HoA for LNG Supply from Texas LNG
07.06.2026 - NEWS
July 06, 2026 [Offshore Technology]- Glenfarne Global Commodities, the liquefied natural gas (LNG... Read More
UAE's ADNOC Launches Combined LNG Marketing and Trading Platform
07.06.2026 - NEWS
July 06, 2026 [Reuters]- UAE state oil giant ADNOC launched a new liquefied natural gas marketing... Read More
Oil and Gas Supply Chain Strategy: Why Energy Flows Are Now Strategic Infrastructure
07.06.2026 - NEWS
30 Jun 2026 [ Logisticsviewpoints ]- Oil and gas is commonly described in terms of commodities, ... Read More
Oil Markets Face a Billion-Barrel Restocking Problem After Hormuz Closure
07.06.2026 - NEWS
30 Jun 2026 [ StoneX Media ]- A deficit of roughly one billion barrels in global oil inventories... Read More