Sri Lanka

Govt. signes agreement for oil exploration in eastern basin

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The Sri Lankan government Tuesday inked an agreement with two energy companies in Norway and France to carry out a two-year oil and gas exploration exercise in the Eastern sea basin.The tripartite agreement between the Government of Sri Lanka, France's Total EP and Norway's Equinor ASA for the exploration of oil and natural gas in the Ceylon Basin off the eastern coast was signed today in Colombo. Minister of Highways - Road Development and Petroleum Resources Development Kabir Hashim and officials of Total and Equinor signed the agreement today at the Ministry.The agreement will cover oil and gas exploration in two blocks identified as J5 and J6 in the eastern offshore region.




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Category: Srilanka


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