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Russia to begin oil exploration in Sri Lanka
The recent four-day visit of Petroleum Industries Minister Susil Premajayantha to Russia marked a milestone in the efforts of oil exploration in Sri Lanka with several crucial agreements in oil exploration off the Mannar coast and while strengthening bilateral relationships between the two countries.
Russias biggest energy company Gazprom has agreed to support Sri Lanka in oil exploration and to help reach the expected economic development in the country.
Gazprom Vice Chairman Valleri Gulyev expressed the company's willingness to carry out oil exploration in the Mannar Basin when he met Minister Premajayantha at a meeting. Gazprom also agreed to dispatch a team of experts on oil exploration to Sri Lanka within three weeks following the discussion. The minister visited Russia to hold discussions on oil exploration with the authorities of the worlds biggest gas extractor, Gazprom and attend the first session of the Shanghai Cooperation Organization (SCO) at Moscow following a special invitation of the Russian Government's Energy Ministry.
Gulyev said the company would send a group of experts to Sri Lanka for a study on oil exploration. He has also assured to set up an oil refinery in Sri Lanka.
He said Gazprom will assist Russian investors to invest US$ 30 million in Sri Lanka's tourism industry in the coming years.
The minister also met Russian Foreign Affairs Deputy Minister Aleksei Barodawki. He also pledged Russians support to strengthen amicable relationships between both countries maintained for many years.
Sri Lankan's Ambassador to Russia Udayanga Weerathunga, oil exploration consultant Saliya Wickramasuriya and Sri Lanka Tourism Promotion Bureau Deputy Director Rumy Jaufer also attended the meeting.
Sri Lanka News | Online edition of Daily News - Lakehouse Newspapers
The recent four-day visit of Petroleum Industries Minister Susil Premajayantha to Russia marked a milestone in the efforts of oil exploration in Sri Lanka with several crucial agreements in oil exploration off the Mannar coast and while strengthening bilateral relationships between the two countries.
Russias biggest energy company Gazprom has agreed to support Sri Lanka in oil exploration and to help reach the expected economic development in the country.
Gazprom Vice Chairman Valleri Gulyev expressed the company's willingness to carry out oil exploration in the Mannar Basin when he met Minister Premajayantha at a meeting. Gazprom also agreed to dispatch a team of experts on oil exploration to Sri Lanka within three weeks following the discussion. The minister visited Russia to hold discussions on oil exploration with the authorities of the worlds biggest gas extractor, Gazprom and attend the first session of the Shanghai Cooperation Organization (SCO) at Moscow following a special invitation of the Russian Government's Energy Ministry.
Gulyev said the company would send a group of experts to Sri Lanka for a study on oil exploration. He has also assured to set up an oil refinery in Sri Lanka.
He said Gazprom will assist Russian investors to invest US$ 30 million in Sri Lanka's tourism industry in the coming years.
The minister also met Russian Foreign Affairs Deputy Minister Aleksei Barodawki. He also pledged Russians support to strengthen amicable relationships between both countries maintained for many years.
Sri Lankan's Ambassador to Russia Udayanga Weerathunga, oil exploration consultant Saliya Wickramasuriya and Sri Lanka Tourism Promotion Bureau Deputy Director Rumy Jaufer also attended the meeting.
Sri Lanka News | Online edition of Daily News - Lakehouse Newspapers
