Sanctions on Iran hits Sri Lankan oil refining process
The refining of Arabian Light crude oil has resulted in a decline in the output of petrol and kerosene in Sri Lanka.
The country previously used Iranian Light crude oil, which has now been stopped following the US sanctions on Iran. The government has now turned to the next option, Arabian Light crude oil.
Mr Susil Premajayantha petroleum minister of Sri Lanka said that ”The government had no other option but to look for alternative crude oil supplies since Iranian Light could not be imported. The yield from Arabian Light crude oil was less than Iranian Light. Out that the sulphur content in Arabian Light crude oil was higher than Iranian Light.”
Mr Premajayantha said that “Usually when 5,000 tonnes of Iranian crude is refined we produce 1,200 tonnes of diesel and 1,250 tonnes of petrol while rest is kerosene and furnace oil. However with Arabian Light crude oil we get around 1,400 tonnes of diesel and 600 tonnes of petrol.”
Nevertheless, Mr Ananda Palitha Secretary of the JSS said that the yield has declined when refining Arabian Light oil since it has not been mixed with another crude oil. If any other crude oil is used in the Sapugaskanda refinery other than Iranian Light crude it has to be mixed with crude. If we are refining Arabian Light it has to be mixed with Meri Light. The refinery could use only a crude oil blend in the absence of Iranian Light.
However, Mr Susantha Silva MD of CPC said that there was no necessity to mix Arabian Light with any other crude oil. Since we cannot import Iranian Light due to economic sanctions we have to import Arabian Light but there is no necessity to mix Arabian Light with another crude oil. The government was currently in discussion with the Iranian government to explore possibilities of importing oil from Iran. Meanwhile, pumping of crude oil from a shipment carrying 13,500 tonnes of crude oil commenced on Friday.
Mr Silva said that the pumping of crude oil from the ship that reached Colombo on August 28 was delayed due to a leak in the pipeline connected to the buoy. Pumping crude oil commenced on Friday after completing the repair work. The oil needs to settle once it is pumped to the refinery and we are looking at starting the refining process. However, since the starting up of the machinery at the refinery, which is currently shut down, the start of operations is expected to take around three days. We are hopeful that crude oil could be refined and the output taken out this Wednesday.
Source - The Sunday Leader