By Another fuel supplier enters Sri Lanka
Australia’s United Petroleum has ben assigned 150 existing fuel stations with the right to build 50 new fuel stations in Sri Lanka.
According to United Petroleum Lanka, Australia’s United Petroleum entered into the relevant agreement with Sri Lanka’s Ministry of Power and Energy on Thursday (Feb 22).
, United Petroleum Australia incorporated a company in Sri Lanka under the name ‘United Petroleum Lanka Pvt. Ltd.’, to carry out operations within the country, with former Ceylon Petroleum Corporation (CEYPETCO) Board Member Dr. Prabath Samarasinghe having been appointed as the Director and CEO of the company.
This marks the first expansion of the Australian company’s expansion of its retail petroleum outside of Australia, with the company owning over 500 fuel stations across Australia.
