Home | About us | Contact Us | News | Events | Classifieds | GalleryBUSINESS  

 
 

 

Top25 Lankan Sites

 
 

Advertisement

Print VersionPrint Version | Email to friend



Iran to expand Sri Lanka refinery
29-04-2008

Iran is to modernize Sri Lanka's Sapugaskanda oil refinery in a bid to double the capacity of the island nation's sole refining complex.

Iran would help expand the capacity of the south Asian nation's oil refinery to 100,000 barrels per day (bpd) from the current 50,000 bpd within the next four or five years. According to an agreement signed between Iran and Sri Lanka Monday during the visit of the Iranian President Mahmoud Ahmadinejad, Tehran will take 12 percent of the refinery's profit once it has been modernized.

The project, once completed, will reportedly make Sri Lanka self-sufficient in aviation fuel and bitumen (tar). Tehran and Colombo signed four economic cooperation agreements to improve the south Asian nation's infrastructure Monday.

Iran has promised to provide $1.9 billion in loans and grants to Sri Lanka to help the country expand its only oil refinery, develop Uma Oya hydroelectricity and irrigation project and buy Iranian oil, the Sri Lankan government said.

"Especially the signing of the MoU for the Uma Oya project would be immensely beneficial for the rural poor of the Hambantota and Moneragala Districts," Sri Lankan President Mahinda Rajapaksa said Monday.

Print VersionPrint Version | Email to friend


Fri, 16-05-2008 04:00:00

An LTTE air craft was detected by the air defence system yesterday evening over the LTTE built Iranamadu runway, military sources said.

A senior Air Force official told media that the air defence system had detected the LTTE aircraft soon after, it was airborne.

“However it immediately disappeared from the radar system, as it went down,” the official said. ...


|FULL STORY|
     
Fri, 16-05-2008 19:00:00

UNP General Secretary Tissa Attanayake , said , this Govt. has no capacity to do anything legal and honest ,whether it is administration, development or in the conduct of elections. It thrives only on murder, mayhem, corruption and malpractices.

The Eastern Provincial Council elections bore all those hallmarks, he added. At the last Presidential elections it entered into a pact with the LTTE paying them billions of rupees betraying the country, and won. This time it entered into an allianc...


|FULL STORY|
   
Advertisement


Fri, 16-05-2008 18:00:00

Sivanesathurai Chandrakanthan alias Pillayan was sworn-in as the Chief Minister for the Eastern Province before President Mahinda Rajapaksa this evening. Three other provincial councilors also took their oaths, as cabinet of ministers despite M.L.A.M Hisbullah was absent. They are T.Navaratnarajah, Wimalaweera Dissanayake and M.Uduma . After swearing in ceremony Minister Athaullah welcomed the newly appointed Chief Minister. Chandrakantha obtained the highest number of preferential vo...

|FULL STORY|
     
Fri, 16-05-2008 14:00:00

Mr.Pillayan took oaths as the Chief Minister of the Eastern Provincial Council in a short while ago....

|FULL STORY|
   
EVENT REPORTS

 

 
 

 



UPCOMING EVENTS

31-05-2008 19:00 Cancer Charity Fund Raising Dinner Dance

31-05-2008 19:00 Thomian Ball 2008

1-06-2008 03:00 Gee Tharu 2008

6-06-2008 09:00 Veterans "We Were There" Exhibition

  


 

 

 Lankaeverything.com : Home | About Us | Advertise With Us | Contact Us | Site Map
 News
: Business | UK Scene | Entertainment | Politics | Sports | Sri Lanka | Technology | World
  Channel : News | Business Directory | Classifieds Ads | Gallery | People | Events
 
Lankaeverything.com - One of the best UK Sri Lanka Portal and Sri Lanka Community Portal. Complete information about Sri Lanka Community Portal and UK Sri Lanka Portal from www.lankaeverything.com.