Russia to explore for oil in Sri Lanka

[Lankan Ranger]

Russia to explore for oil in Sri Lanka

The Russian Oil and Natural Gas giant Gazprom is exploring means to enter oil exploration in the Mannar and Cauvery basin and the natural gas market in the country. An eight member delegation of Gazprom headed by its Managing Director Gulev Veleriy who are in the country at the moment met Petroleum Minister Susil Premajayantha and External Affairs Minister G.L. Peiris yesterday.

Gazprom is one of the world’s largest energy companies. Its major business lines are geological exploration, production, transportation, storage, processing and marketing of hydrocarbons as well as generation and marketing of heat and electric power.

The External Affairs Ministry said Minister Peiris discussed with the visiting delegation issues connected with Russian cooperation in such fields as oil exploration in the Mannar Basin and the Cauvery Basin, the procurement of liquid natural gas and technical expertise in respect of refineries.The Minister underlined the need for economic projects of major magnitude to strengthen strong relationships between Sri Lanka and the Russian Federation.

The visiting delegation said Gazprom would be happy to bear the expenses of training a team of Sri Lankans in one of Russia’s leading institutions in the field of oil and gas technology.

Russia to explore for oil in Sri Lanka | Front Page

 

[yousaf goebbels]

i hope oil is found...this could change entire geo strategic scenario...brunei is nearby....chances are you got oil.

 

[Black Widow]

i hope oil is found...this could change entire geo strategic scenario...brunei is nearby....chances are you got oil.

Few Indian companies are also exploring Gas and oil , Lanka can take help of these companies, if they wish...

 

[Skyline]

Few Indian companies are also exploring Gas and oil , Lanka can take help of these companies, if they wish...

Already SL has given some areas to India as far as I know.

 

[Skyline]

Cairn India starts oil exploration in Sri Lanka

COLOMBO: Cairn India on Saturday began exploring for oil in Sri Lanka's northwestern Mannar basin, which is believed to hold over one billion barrels of oil.

Economic Development Minister Basil Rajapaksa told reporters that if the project becomes successful Sri Lanka would no longer need to import oil from other countries.

The Indian company was given the rights to drill three oil wells in Mannar over the next few months. Commercial production was expected to start by 2014.

Cairn India starts oil exploration in Sri Lanka - Economic Times

I think the second block.

 

[harpoon]

Damn!! Everyone of our neighbour has gas or oil but nothing for us.

 

[Mujraparty]

well this explains the american fighter jets intrusion over srilanka earlier .......

 

[vinith98]

well this explains the american fighter jets intrusion over srilanka earlier .......

You have been reading too much Take a break

 

[untitled]

well this explains the american fighter jets intrusion over srilanka earlier .......

Well it makes sense in a way .............
But is not Russia a democracy now.....
It is not a communist state anymore ..... or is it ?