Sri Lanka, India recognize urgency, but no result on implementation yet (opens original article in a new tab)

Sri Lanka and India acknowledge the importance of the Trincomalee petroleum hub project for energy security but have not yet set a specific timeline for its implementation.

• Sri Lanka and India recognize the need for the Trincomalee petroleum hub project for energy security
• No specific timeline has been established for the project's implementation yet
• A joint venture company, Trinco Petroleum Terminal Ltd, was created to develop 61 of 99 tanks in the Trincomalee Oil Tank Complex