The Cabinet of Ministers has approved the restoration and development of 24 oil tanks at the Trincomalee upper tank farm complex. 

The Ceylon Petroleum Corporation (CPC) will oversee a three-year project aimed at completing the development of these oil tanks. The project will include conducting a feasibility study and carrying out the necessary work, according to Cabinet Spokesperson Minister Dr. Nalinda Jayatissa. Approvals from the relevant parties, including the Road Development Authority, the Railways Department, and the Marine Environmental Protection Authority, have already been obtained for the project, he added. 

Accordingly, the proposal submitted by the Minister of Energy to implement the project with CPC funds has been approved.