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Unsolicited
$76.5 m bunkering facility, tank farm projects in Hambantota
port get nod
The unsolicited project proposal for construction of the bunkering
facility and the tank farm at the Hambantota Habour forwarded
by the China Huanqiu Contracting Engineering Corporation has
been given approval after thorough evaluation by the Project
Committee and the Cabinet Appointed Negotiations Committee.
Based on the recommendations of Chamal Rajapaksa, Minister
of Port, Aviation, Irrigation and Water Management the approval
of the Cabinet of Ministers was granted and the contract agreement
has been signed between the said company and Sri Lanka Ports
Authority for the construction of bunkering facility and the
tank farm.
According to the agreement, the total value of the project
would be US $ 76.5 million, and the project is scheduled to
be completed within a time period of two years. Under this
project a set of fuel tanks; bunkering facilities, aviation
fuel storage facilities and LP gas storage facilities will
be constructed.
According to the terms of reference, the above facilities
will be constructed enabling to operate them independently
with separate loading arms and pipe line system which connects
the oil and gas jetty. Construction of the jetties in this
regard has already been commenced under works of the Hambantota
Port Project.
It is also proposed to obtain loan facilities for this constructions
works from the Exim Bank in China and construction works are
scheduled to be completed by the year 2010.
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