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Cabinet Approves Long-Term Petrol Supply Contract with Singapore Firm Epdesa

February 4, 2026

The Cabinet of Ministers has approved the awarding of a long-term contract for the procurement of five shipments of Petrol 92 Octane Unleaded (92 UNL) to Epdesa Pte. Ltd., following a competitive bidding process.

The contract covers the period from 15 March to 14 September 2026 and involves the supply of five shipments totalling approximately 300,000 barrels (±5%) of petrol.

Bids were invited by the Ceylon Petroleum Corporation from its registered suppliers, with six companies submitting proposals.

Based on recommendations made by the Higher-Level Standing Procurement Committee, Epdesa Pte. Ltd. was selected as the lowest substantially responsive bidder, according to the government.

Officials said the decision forms part of ongoing efforts to ensure a stable fuel supply through transparent and competitive procurement procedures.

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