More Indian firms eyeing to enter SL to explore oil
More Indian firms are eyeing to enter Sri Lanka to explore oil, says a media report.
According to the report, India’s state run ONGC and IOC are making attempts to enter exploration activities in the Island.
Minister of Petroleum Resources Development Susil Premjayantha has said that representatives of the two Indian firms have visited Sri Lanka to discuss the matter.
Sri Lanka has already given a block in the Gulf of Mannar basin to India’s Cairn Lanka which has completed the first phase of their exploration work.
According to the company, it has already made successive gas and condensate discoveries.
In an earlier occasion, Sri Lankan officials announced that even firms from Russia, Ukraine and Vietnam too have expressed their interest to enter oil exploration activities in the Gulf of Mannar basin.
