The Government will reacquire the Trincomalee Oil Tank Farm from India soon, Minister of Energy Udaya Gammanpila said.
He said successful discussions were held with the Indian High Commissioner in Colombo in this regard.
Speaking during an event in Kollonnawa today, the Minister said the Indian High Commissioner had agreed to the new conditions presented by the Government in connection to the Oil Tank Farm.
Responding to a media query on the joint development of the Oil Tank Farms in Trincomalee, the Spokesperson of the Indian High Commission said ” India and Sri Lanka have identified energy partnership as one of the priority dimensions of their cooperation”.
“India is committed to working together with Sri Lanka for the island’s energy security. In this context, consultation and discussions have been undertaken to promote mutually beneficial cooperation for development and operation of the Upper Oil Tank Farms in Trincomalee,” he said.
The spokesman added that India looks forward to continuing its productive engagement with Sri Lanka in this regard.