Who We Work With
CPSTL's common user facility serves the marketing companies that supply Sri Lanka's retail and industrial fuel demand.
Ceylon Petroleum Corporation energizes the nation's economy through its hydrocarbon products (oil & gas). Ceypetco houses 1,236 fuel stations spread across the island, and was incorporated to carry out retail marketing of petroleum products and bulk supply to industrial consumers. The corporation was set up as a state enterprise by Act No. 28 of 1961 in parliament, with further amendments carried out subsequently. Its main objectives are to carry on business as an importer, exporter, seller, supplier, and distributor of petroleum products; to explore for, exploit, produce, and refine petroleum; and to carry on any business incidental or conducive to those objectives.
Lanka IOC, IndianOil's subsidiary in Sri Lanka, is the only private oil company other than the state-owned Ceylon Petroleum Corporation (CPC) that operates retail petrol and diesel stations in Sri Lanka, and is ranked No. 1 among the island nation's leading listed companies. IndianOil's entry into Sri Lanka aligns with its vision of becoming a transnational energy major, while remaining committed to being a good strategic partner to Sri Lanka. Its vast experience in downstream petroleum operations in India helps create a healthy, competitive petroleum industry here. Lanka IOC operates about 150 petrol and diesel stations, and runs an efficient lube marketing network. Its major facilities include an oil terminal at Trincomalee — Sri Lanka's largest petroleum storage facility — an 18,000-tonnes-per-annum lubricants blending plant, and a state-of-the-art fuels and lubricants testing laboratory, also at Trincomalee. Lanka IOC's activities provide the island nation energy security and supply stability, while upgrading overall standards of service, particularly in the retail sector.