Trincomalee Oil Farm Deal

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About the Trincomalee Oil Farm:

The Trincomalee oil tank farm is a World War II era installation, built by the British as a refuelling station.
It is located in the Trincomalee Province (in north-eastern Sri Lanka), in the ‘China Bay’.
It has 99 storage tanks, each with a capacity of 12,000 kilolitres.
- 84 tanks are in the Upper Tank Farm/ UTF, which spans across an 800 acre area.
- 16 tanks are in the Lower Tank Farm/ LTF, which spans across a 50 acre area.
15 of these storage tanks are currently operational. These are operated by the LIOC (Lanka IOC- a subsidiary of Indian Oil Corporation in Sri Lanka).
4 of these 15 tanks are used as water storage facilities by the Sri Lankan Air Force and the Prima Group (a food processing firm).