March 29, 2017 3:43 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Ceylon Petroleum Corporation

Company Overview

Ceylon Petroleum Corporation engages in the refining, sale, and marketing of petroleum products. The company engages in refinery, marketing and sales, and aviation operations. It also offers agrochemical products, such as insecticides, weedicides, and fungicides; and provides refueling services at Bandaranaike International Airport, Katunayake. The company offers its products through a network of stockists and dealers in Sri Lanka. The company was incorporated in 1961 and is based in Colombo, Sri Lanka with area offices in Kegalle, Nugegoda, Kandy, Kurunegala, Anuradhalura, Galle, Badulla, Batticaloa, and Jaffna, Srilanka.

No.609, Dr. Danister de Silva Mawatha

Colombo,  09

Sri Lanka

Founded in 1961

Phone:

94 11 545 5455

Fax:

94 11 545 5400

Key Executives for Ceylon Petroleum Corporation

Managing Director and Director
Deputy General Manager of Finance
Director, Chairman of CPSTL and Managing Director of CPSTL
Acting Deputy General Manager of Technical Service & Corporate Affairs
Deputy General Manager of Human Resource & Administration
Compensation as of Fiscal Year 2016.

Ceylon Petroleum Corporation Key Developments

Sri Lanka To Reportedly Privatize Key Institutions

Former Minister and MP C.B. Rathnayake recently alleged that the Sri Lankan Government was planning to sell key government institutions such as Colombo Port, the Ceylon Electricity Board, Ceylon Petroleum Corporation and the National Water Supply and Drainage Board citing they were inefficient and suffering losses. "The government should be held responsible for any losses incurred by government institutions. We know most of the state institutions are inefficient at present. Are they going to sell them too?" Rathnayake recently stated.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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