Oil Rush

Ishara S. Kodikara | AFP | Getty Images Sri Lanka Prime Minister Ranil Wickremesinghe, center, speaks to supporters at the prime minister's official residence in Colombo on December 16, 2018, after he was reappointed as prime minister by Sri Lanka's president, the same man who fired him from the job nearly two months ago.

An international road show to offer blocks for oil exploration in the Mannar Basin is expected to kick off early next year. Model Petroleum Resource Sharing Agreements and model exploration licences have already been developed. India is keen to take over an initial two blocks through state owned Oil and Natural Gas Corp., if Sri Lanka offers it on nomination. rn

rnBelow is a list of LBO Reports on the States efforts to find oil off the North and Eastern coast of Sri Lanka and other related articles. rn
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