The Ceylon Petroleum Corporation was set up as a state enterprise by Act. No.28 of 1961 in Parliament and further amendments carried out subsequently. The main objectives of the Ceylon Petroleum Corporation are the following:
To carry on business as an importer, exporter, seller, supplier and distributor of Petroleum products. To carry on the business of exploring for the exploiting, producing, a
nd refining of Petroleum and to carry on any such business as may be incidental or conducive to the attainment of the objectives. VISION
To be a sustainable entity in the petroleum and related industries; pioneer new opportunities and deliver value to our stakeholders. MISSION
Competitiveness: Strive to be a market leader by procuring and supplying petroleum and related products at competitive prices. Sustainability: Be a financially, socially, and environmentally sustainable business that places emphasis on long-run gains. Continuous Improvement: Drive growth through continuous improvement of process and people. Always monitor the Corporation’s growth for potential areas of improvement. Integrity:Integrity: Act in a reliable manner ensuring the Corporation’s best interest at all times.