Long term contract for importing crude oil

Bids have been invited for the award of a long term contract for importing crude oil for a period of 7 months from 01.06.2022 to 31.12.2022.

The Cabinet appointed standing procurement Committee has recommended to award the relevant procurement to Coral Energy DMCC Company of United Arab Emirates.

 Cabinet of Ministers approve d the proposal presented by the Minister of Power to award this contract in accordance with this recommendation.