FOREIGN GOVERNMENT'S EXPRESSIONS OF INTEREST

UNCLAS COLOMBO 001365 SIPDIS USDOC FOR 4530/MAC/ANESA/OSA EMBASSIES FOR FCS OFFICES E.O 12958:N/A TAGS: BTIO CE ECONOMICS SUBJECT: FOREIGN GOVERNMENT'S EXPRESSIONS OF INTEREST TO INVEST IN THE PETROLEUM MARKET - AMENDMENTS TO BTIO/T0016 REF: COLOMBO CABLE 001261 1.Public Enterprises Reform Commission (PERC) has amended the earlier pre-qualification criteria to read as expressions of interest (EOI) from "companies/consortiums preferably with experience in marketing petroleum products" instead of "International companies/consortiums with a proven track record in petroleum product retailing." 2.The closing date for submission of EOI's has been extended to August 15, 2003. Please contact the following for further details: Ruwan Fernando/Aasiri Gunasekera 201 De Saram Place, Colombo 10, Sri Lanka or or Andy Brogan/Nigel Robinson Becket House, 1 Lambeth Place Rd., London SE1 7EU, England Phone: +94-1-697363 OR +44 20 7951 4793 Fax: +94-1-697369 0R +44 20 7620 0940 E-mail: Ruwan.Fernando@lk.ey.com OR Aasiri.Gunasekera@lk.ey.com E-mail: abrogan@uk.ey.com OR nrobinson1@uk.ey.com Web site: www.perc.gov.lk The Government of Sri Lanka (GOSL) is seeking a third party to invest in the petroleum market. Presently the market is held by Ceypetco (State owned Corporation) and Lanka Indian Oil Corporation. The third party will take over 100 filling stations and a one-third stake in the common petroleum infrastructure facility that is to be floated. All three players will hold equal shares in this new common facility that will include all storage tanks, depots and distribution infrastructure. Entwistle