Colombo to resume crude imports from Iran

Sri Lanka considers Iran as a huge oil supplier to the south Asian country, The Minister of Petroleum Resources Development said, expressing hope that Colombo will resume oil and gas purchases from Iran. He said Iran and Sri Lanka have been close and Iran is regarded as a key name in oil supply for Sri Lanka as the country’s oil refinery is built to process Iranian crude.
Following a meeting with Iranian Minister of Petroleum Bijan Zangeneh in his Tehran office on Sunday, Chandima Weerakkody hoped that the two countries will sign fruitful energy deals in the future. The official said that the removal of sanctions is good news for the Sri Lankan people and government, adding, "We did very good talks today and we hope that the remaining issues will be resolved for enhancing mutual ties."

Previous articleExpro secures new contracts from India’s ONGC
Next articleCabinet approves financial support to BHEL