The Indian Oil Company (IOC) is ready to invest in the Liquefied Petroleum Gas (LP gas) business if the Sri Lankan Government invites them. “It is now fully controlled by the Sri Lankan Government,” Executive Director, Business Development of IOC, Sandeep Jain said.
He said that 14 tanks in the Trincomalee Oil Tanks Farm have been leased out to IOC and 24 have been leased...