(EnergyAsia, June 22) — Sri Lankan labour unions said Indian-owned oil company LIOC has an unfair advantage over the competition because it operates the country’s main oil storage tanks in China Bay in the port of Trincomalee. LIOC is the Sri Lankan subsidiary of the Indian Oil Corp, India’s largest oil company. Fearing LIOC…
SRI LANKA: Unions say storage tanks give LIOC unfair advantage
Posted on June 22, 2006 by EnergyAsia