Talks with UAE, Iran on procuring petroleum for SL on long-term credit facility

Talks with UAE, Iran on procuring petroleum for SL on long-term credit facility

August 26, 2021   03:37 pm

Sri Lanka is currently looking to procure crude oil and petroleum products from Iran and the United Arab Emirates (UAE) on a long-term credit facility.

Minister of Energy Udaya Gammanpila has met with the diplomatic heads of the respective countries to Sri Lanka on Monday (Aug. 23).

Accordingly, Ambassador of Iran Hashem Ashjazadeh and Acting Head of the Embassy of the UAE Saif Alanofy have held separate discussions with the minister to discuss the matter.

The lawmaker tweeted that the decision to obtain crude oil and petroleum products on long-term credit facility comes as a solution to the prevailing foreign exchange crisis.

 

 

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed Video Stories

Welcoming 2026:New Year celebrations from Sri Lanka and across the world (English)

Welcoming 2026:New Year celebrations from Sri Lanka and across the world (English)

President Anura Kumara Dissanayake's message for the New Year 2026 (English)

President issues gazette to establish 'Rebuilding Sri Lanka Presidential Task Force' (English)

Controversial Grade 6 English language module sparks public outcry (English)

LIVE🔴Ada Derana Prime Time News Bulletin 6.55 pm

LIVE🔴 Ada Derana 12.00 Midday News Bulletin

Kiribati becomes first nation in the world to usher in the New Year (English)

High-level discussion between SJB and UNP on potential political alliance (English)