Bakri International Energy (BIEM) - Sri Lanka

A joint venture, under the Board of Investment (BOI) Sri Lanka, between Bakri International Energy Company (BIECO) of Saudi Arabia and Master Divers (Private) Ltd., Sri Lanka.

BIECO has been a regular supplier of Bunker (Marine) fuel to the Ceylon Petroleum Corporation (CPC) as well as to Lanka Marine Services (LMS) in Sri Lanka. This long-standing business relationship in supplying petroleum products to Sri Lanka has provided them among their international experience, a considerable awareness of the local bunker market, its limitations and the potential future prospects under the background of the liberalization of the Petroleum Sector in Sri Lanka.more..