Sri Lanka plans to develop an energy hub with India and the United Arab Emirates that involves the construction of a multi-product pipeline as well as bunkering facilities and potentially a refinery.
Apr 25, 2025
Sri Lanka plans to develop an energy hub with India and the United Arab Emirates as the nation wants to leverage its strategic location to recover from a financial crisis.
Energy Ministry Secretary Udayanga Hemapala told a leading news agency that the hub in the eastern harbour city of Trincomalee will involve the construction of a multi-product pipeline as well as bunkering facilities and potentially a refinery.
It will also include the development of a World War II-era storage tank farm partly owned by the Sri Lankan subsidiary of Indian Oil.
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Representatives from Ceylon Petroleum, Indian Oil and AD Ports will meet in Sri Lanka in late May to start discussions on a detailed business plan for the hub. A joint project monitoring committee will also be set up for the same, he added.
