High Commissioner Of India To Sri Lanka Santosh Jha Inaugurates 100 Octane Premium Petrol XP100 In Colombo
WEB DESK
High Commissioner of India to Sri Lanka Santosh Jha has said that the benefit of existing free trade agreement is greater to Sri Lankan exporters than to Indian exporters. Speaking at the inaugural dinner meeting of Rotary Club of Colombo West, Mr. Jha added that the oncoming Economic and Technology Cooperation Agreement would further strengthen the existing agreement in addition to allowing services under it.
Talking about the current India and Sri Lanka relations, he said that the bilateral relations have been at their best. He mentioned the recent visits of leadership on both sides and laid stress on the joint vision document that was brought out in July last year. The Indian High Commissioner described the benefits that could be achieved by people of both countries through better connectivity as well as energy connectivity.
High Commissioner Of India To Sri Lanka Santosh Jha Inaugurates 100 Octane Premium Petrol XP100 In Colombo
High Commissioner of India to Sri Lanka Santosh Jha inaugurated the premium petrol with 100 octane, XP100, in Colombo. The event marks the launch of the high performance fuel in the island making it the 8th country in the world to provide it in its market. Sri Lanka’s Minister of Power and Energy, Kanchana Wijesekera, also announced the availability XP100 petrol on X and shared that he had a meeting with the Chairman and Senior Management of Lanka IOC which has introduced the product to Sri Lanka’s market.
He elaborated on his discussion on development plans of the LIOC retail outlet network, tank farm development, lubricant market, fuel pricing formula, and the proposed oil pipeline between India and Sri Lanka. Speaking exclusively to our special correspondent managing director of Lanka IOC Dipak Das said that Sri Lanka is now the 8th country in the world to offer 100 octane petrol to its customers. He added that XP100 also reduces carbon emissions contributing to Lanka IOC’s commitment towards cleaner and healthier environment.