Minister of Passenger Transport, Power and Energy Mahinda Amaraweera has instructed the officials to submit a report on the LNG project which claims to have lost more than Rs. 90 billion from the government, immediately.
A discussion on the LNG project ('Natural Liquid Gas Project') which was proposed to be implemented under the Ministry of Power and Energy of the previous government was held at the Ministry of Petroleum Industries this morning (02).
At the meeting chaired by Minister of Power and Energy Mahinda Amaraweera, it was revealed that handing the contract to a Chinese company, instead of it to a state owned (63%) company, has caused a lost over 90 billion rupees.
Although the highest specifications have been submitted by a local company for the tender, some officials of the Ministry of Power and Energy have approved the tender to be awarded to a Chinese company which had submitted low-cost specifications.
Representatives of the local company as well as the officials of the Ministry of Power and Energy were present at the discussion.
The Minister asked for a detailed report on the transaction immediately and stated that a special discussion would be held on the 5th of this month.
Power and Energy Ministry Secretary Mrs. Vasantha Perera and several officials participated in the discussion.