Minister of Energy Udaya Gammanpila claims Sri Lanka will be able to acquire the oil tanks in Trincomalee from India, in the near future.
Speaking during an event in Kolonnawa today, Minister Gammanpila said discussions with the Indian High Commission pertaining to reacquiring the oil tanks, have been successful.
He said they forwarded several concerns raised by employees, trade unions and other stakeholders to India.
The Minister said the Indian High Commission agreed to all conditions forwarded by them.
Minister Gammanpila added that the oil tanks have not been utilised since the second world war, and they are eager to develop them.
He said since a majority of the ships that use the Trincomalee seas are from India, they will be working with the Indian Oil Company to utilise the oil storages.
The Minister said the oil tanks in Trincomalee will become a major foreign exchange revenue earner in the near future.