One World One Ummah

Now Russia wants SL Oil

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Russia has expressed interest in oil exploration in the Mannar bay and the rehabilitation of the Sapugaskanda oil refinery, Sri Lanka Foreign Ministry said in a statement. Visiting Russian Foreign Minister has disclosed this during his stay here. Mr. Lavrov, a former diplomat who has worked in Colombo and a Sinhala speaker, is the first Russian Foreign Minister to visit Sri Lanka since diplomatic relations were established in 1957.

He held discussions with the President Rajapaksa and his counterpart, Rohitha Bogollagama in Colombo during one-day visit. Sri Lanka has already offered oil exploration opportunities to India and China, countries that supported Sri Lanka’s military offensive to defeat LTTE.

Sri Lanka has expressed gratitude for the Russia’s support during the conflict. “Foreign Minister Rohitha Bogollagama said Sri Lanka was grateful for the cooperation and support given by Russia in the international forums and both countries held discussions on vital international issues,” the ministry said.

Delivering a speech at the BMICH after the meetings, Minister Lavrov said Russia is interested in strengthening trade and cultural relations with the island nation. “Russians are traditionally fond of Ceylon tea and as you know we are the world largest buyer of this famous product. We would also like to see more goods from Russia in your country, as well as to bring here in bigger way our experience in executing industrial and infrastructure projects,” he said.

Sri Lanka has been conducting roadshows around the world, since 2008, to attract Oil companies to come and explore patrolium oil in the Indian Ocean.

Petroleum Minister A.H.M. Fowzie earlier told that the government is assured that there are over one billion barrels of oil to be harvested from Sri Lanka’s soil. “We have obtained data from a Norwegian Company”, the minister  said.



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October 28, 2009 at 5:51 pm

Posted in News

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