PROCUREMENT PLAN 2021-2023 FOR CRUDE OIL & PETROLEUM PRODUCTS PREPARED & PRESENTED BY COMMERCIAL FUNCTION CONTENTS 1 List of Abbreviations ....................................................................................................................................................................................................... 1 2 Executive Summery ......................................................................................................................................................................................................... 2 2.1 Total Estimated Funds Requirement for 2021-2023 Imports ..................................................................................................................................... 2 2.2 Crude Oil Import Plan for 2021-2023 ....................................................................................................................................................................... 2 2.3 Refined Petroleum Products Import Requirement for 2021-2023 .............................................................................................................................. 3 2.4 Forecasted Aviation Gasoline, Bitumen & Lubricant Demand for 2021-2023 ........................................................................................................... 4 3 Term Tenders Scheduled during the period from 2021-2023 ............................................................................................................................................ 5 4 Total Quantity to be imported under the Term and Single tender Contracts 2021-2023 ..................................................................................................... 6 5 Refined Products Yield .................................................................................................................................................................................................... 7 6 Crude oil and Refined Products Purchase Plan 2021-2023 ................................................................................................................................................ 8 7 Appendixes...................................................................................................................................................................................................................... 9 7.1 Appendix I ............................................................................................................................................................................................................... 9 Cost Estimation of Crude Oil and Petroleum Products – 2021 .......................................................................................................................................... 9 7.2 Appendix II ............................................................................................................................................................................................................ 10 Cost Estimation of Crude Oil and Petroleum Products – 2022 ........................................................................................................................................ 10 7.3 Appendix III .......................................................................................................................................................................................................... 11 Cost Estimation of Crude Oil and Petroleum Products – 2023 ........................................................................................................................................ 11 7.4 Appendix IV .......................................................................................................................................................................................................... 12 7.5 Appendix V ........................................................................................................................................................................................................... 13 7.6 Appendix VI .......................................................................................................................................................................................................... 14 7.7 Appendix VII ......................................................................................................................................................................................................... 15 7.8 Appendix VIII........................................................................................................................................................................................................ 16 LIST OF TABLES Table 1. Total Estimated Funds Requirement for 2021-2023 Imports ....................................................................................................................................... 2 Table 2. Crude Oil Import Plan ................................................................................................................................................................................................ 2 Table 3. Refined Petroleum Products Import Requirement for 2021-2023 ................................................................................................................................ 3 Table 4. Refined Petroleum Products Import Requirement for 2021-2023 ................................................................................................................................ 4 Table 5. Term Tenders Scheduled during the period from 2021-2023....................................................................................................................................... 5 Table 6. Total Quantity to be imported under the Term and Single tender Contracts ................................................................................................................. 6 Table 7. Refined Products Yield 2021-2023 ............................................................................................................................................................................. 7 Table 8. Crude oil purchase plan 2021-2023 ............................................................................................................................................................................ 8 Table 9. Cost Estimation of Crude Oil and Petroleum Products – 2021 .................................................................................................................................... 9 Table 10. Cost Estimation of Crude Oil and Petroleum Products – 2022 ................................................................................................................................ 10 Table 11. Cost Estimation of Crude Oil and Petroleum Products – 2023 ................................................................................................................................ 11 Table 12. GASOLINE (95 UNL) - (In MT’s)......................................................................................................................................................................... 12 Table 13. GASOLINE (92 UNL) - (In MT’s)......................................................................................................................................................................... 13 Table 14. GAS OIL (0.05%) - (In MT’s)................................................................................................................................................................................ 14 Table 15. GAS OIL (0.001%) - (In MT’s).............................................................................................................................................................................. 15 Table 16. JET A-1/KEROSINE - (In MT’s) ........................................................................................................................................................................... 16 1 List of Abbreviations AV Gas = Aviation Gasoline ADNOC = Abu Dubai National Oil Company BBL = Barrels CPC = Ceylon Petroleum Corporation CEB = Ceylon Electricity Board DAP = Delivery at place KG = Kilogram MT = Metric Tons Mn.Liters = Million liters Ppm = Parts per million SSCAPC = Special Standing Cabinet Appointed Procumbent Committee SRC = Stock Review Committee TEC = Technical Evaluation Committee USD = United Standards Dollars 1 2 Executive Summery 2.1 Total Estimated Funds Requirement for 2021-2023 Imports Table 1. Total Estimated Funds Requirement for 2021-2023 Imports Year Crude Cost Cost of Refined Total Import Cost of Crude oil & (USD Products Refined Products Million) (USD Million) (USD Million) 2021 721 1,778 2,499 2022 832 1,574 2,406 2023 834 1,592 2,426 Source: Based on the calculated data 2.2 Crude Oil Import Plan for 2021-2023 Table 2. Crude Oil Import Plan Required Quantity Estimated Year Crude Type Estimated Delivery (MT) Shipments 2021 Murban Crude and Other Crude 1,669,500 18 02 Shipments per month 2022 Murban Crude and Other Crude 1,802,000 20 02 Shipments per month 2023 Murban Crude and Other Crude 1,802,000 20 02 Shipments per month Throughput per day: 5,300 MT Most feasible parcel size 90,000 MT/700,000 BBL Source: Economics and scheduling forecasted data – 2021-2023 2 2.3 Refined Petroleum Products Import Requirement for 2021-2023 Table 3. Refined Petroleum Products Import Requirement for 2021-2023 Year Gasoline Gasoline