The new parliament building in India can last for 150 years, and for 150% more – the island

Despite the expected decrease in fuel consumption for thermal energy

Suresh Pereira

With three major LNG projects now on the cards and the Mannar wind farm in operation, questions are being raised about moves underway to advance plans to build a massive 15 billion rupees oil pipeline across the country when it is projected to decline. Significant long-term demand for thermal energy.

The renewed interest in some quarters for political blessing to implement the proposed pipeline project at such a high cost has raised eyebrows because the monthly consumption of 45,000 metric tons of fuel for costly thermal energy generation is no longer necessary with LNG and wind energy supplementing the country Industry officials said the energy demand.

As Sri Lanka faces a serious economic crisis due to the Covid-19 pandemic, what is the urgent need for a cross-country pipeline when fuel imports are much lower in the long term?

With the proposed solar energy project in Siapalandwa also in the planning stage, creating a high-cost pipeline at this juncture is almost as imperceptible as “watering outdoor plants when it rains”, and ultimately renders the project redundant as billions of rupees flow down the drain, they see. .

In addition, bids have already been floated to build a new pipeline to facilitate transportation of jet fuel from Muthurajawala tank farm to Katunayake at significant cost. Under these circumstances, what is the point of investing in another project when alternative energy sources render thermal power generation irrelevant in the long term, industry players have questioned.

Even if the cross-country pipeline project begins tomorrow, it will take another four years to complete, while the LNG terminals will operate in three years. They emphasized that with the age of 25 years on the pipeline, the country will not be able to recover even the cost of the multi billion rupees project.

Sri Lanka has already signed three major LNG deals with the governments of China, India and Japan. While the proposed combined plants are expected to add 1,400 megawatts to installed capacity, the transnational agreements will play a key role in mitigating the unreliability in the hydropower supply while boosting foreign capital inflows.

Daily fuel consumption in Sri Lanka is 5,000 metric tons, of which 1,500 metric tons are directed to thermal power generation. While the Sapugaskanda facility has the capacity to refine 2,000 metric tons of crude oil per day, the remaining 1,500 metric tons are imported as refined oil.

Lanka IOC directly imports refined oil, which is stored and distributed by Ceylon Petroleum Storage Terminals Limited (CPSTL).

A tanker load of 40,000 metric tons of fuel can be discharged within 24 hours. Industry officials said that with the expected reduction in fuel consumption for thermal energy following the proposed entry of LNG into the energy market, the number of carriers could also be reduced with significant cost savings.

The cross-country project was first proposed during 2013-2014 but was put on hold with the construction of the Muthurajawala Oil Reservoir Farm, which was augmented by a new oil pipeline at the Sapugaskanda Oil Refinery by CPC (Ceylon Petroleum Corporation) engineers.

However, renewed interest in the project emerged during the previous United National Party government as Minister Kabir Hashem made to the Cabinet an offer from the Langfang-based China Petroleum Pipeline Office to build the pipeline at a cost of Rs. 15 billion.

Malaysian company quoted Rs. $ 7.5 billion was excluded for the proposed project at the time because the bidding documents were apparently “incorrect”.

Under the new waiver, CPSTL sought to cancel the bid awarded to the Chinese company as the CPC engineering team came to the conclusion that they could take over the task after conducting a new feasibility study and doing related research to find alternatives such as estimated Rs. 15 billion workers the cost was colossal.

The project can be completed internally within 30 months at a cost of Rs. 5 billion, which translates into a saving of Rs. $ 10 billion for the country. However, with multiple alternative sources of energy in the near future, it was decided that it would not be possible to implement such a massive project at a colossal cost when a new 18-inch pipeline would be sufficient to meet the demand.

Industry officials said it makes no sense to call for international bids to build pipelines when local engineers will be able to achieve the feat. “Of course, there are no large commissions when these jobs are handled by Sri Lankan professionals.”

In what industry players have described as a “strange development”, there are ongoing initiatives to push the pipeline project into a new game plan perhaps to fill the pockets of some officials as the task could be completed at a third of the estimated cost by local engineers. “With Rs. 10 billion to throw, there would be a lot more in the gravy train if the deal worked! “.

On the other hand, SDJ Paregama, Sri Lankan Secretary Nida Siwaka Sangamaya (Petroleum Branch) expressed concern about moves to revive the project, which he said was a waste of public funds at a time when the country’s economy was in disrepair.

“After our union wrote to President Rajapaksa about the futility of implementing this costly pipeline project, he instructed to stop it immediately,” he said.

He claimed that after a period of silence, there are now hidden moves to go ahead with the project with the Chinese bidder.

He stressed that “as a union that supported the president in the recent elections, we expect him to take a firm stance to ensure that public funds are not wasted on white elephant projects.”

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