header logo
Asia asset finance
Mogo Academy
Latest
Talks with UAE, Iran on procuring petroleum for SL on long-term credit facility
Aug 26, 202103:37 PM
Talks with UAE, Iran on procuring petroleum for SL on long-term credit facility

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.

 

 

 

 

 

 

MostRead
Mobitel Upahara
VideoStories
"No mention of Gotabaya’s name in Easter Attack Comm. reports" Court told during petition hearing

"No mention of Gotabaya’s name in Easter Attack Comm. reports" Court told during petition hearing

Chinese Embassy donates school supplies and dry rations following request by MP Dilith Jayaweera

Chinese Embassy donates school supplies and dry rations following request by MP Dilith Jayaweera

Chikungunya cases surface in addition to dengue outbreak; Public urged to destroy breeding sites

Chikungunya cases surface in addition to dengue outbreak; Public urged to destroy breeding sites

Chaos and uproar in Parliament after Speaker rejects request to debate issues within judicial sector

Chaos and uproar in Parliament after Speaker rejects request to debate issues within judicial sector

Govt. moves to amend laws to remove provisions on marking voters using indelible ink at elections

Govt. moves to amend laws to remove provisions on marking voters using indelible ink at elections

“This is injustice!”: Family appeals to Pope to intervene over continuous detention of Suresh Sallay

“This is injustice!”: Family appeals to Pope to intervene over continuous detention of Suresh Sallay

Dengue cases increasing at an alarming pace; IDH, Kalubowila and Galle hospitals reach capacity

Dengue cases increasing at an alarming pace; IDH, Kalubowila and Galle hospitals reach capacity

Sri Lanka's health system at risk due to surge in dengue cases; PHIs intensify crackdown

Sri Lanka's health system at risk due to surge in dengue cases; PHIs intensify crackdown

SJB-UNP coalition on the cards; Sajith calls for reduction in fuel prices, electricity tariffs

SJB-UNP coalition on the cards; Sajith calls for reduction in fuel prices, electricity tariffs

“Safeguard Suresh Sallay’s health and legal rights” Global Sri Lankan Forum writes to President

“Safeguard Suresh Sallay’s health and legal rights” Global Sri Lankan Forum writes to President

“Sri Lanka's core issue is weak financial literacy” -Derana Deputy Chairman Laksiri Wickramage

“Sri Lanka's core issue is weak financial literacy” -Derana Deputy Chairman Laksiri Wickramage

Sarath Weerasekara writes to ARFRO on Suresh Sallay's behalf

Sarath Weerasekara writes to ARFRO on Suresh Sallay's behalf

Government puts up theatrics to avoid farmers' concerns – MP Dilith Jayaweera

Government puts up theatrics to avoid farmers' concerns – MP Dilith Jayaweera

‘We have no intention of following previous regimes’ – PM Harini Amarasuriya

‘We have no intention of following previous regimes’ – PM Harini Amarasuriya

Suresh Sallay treated at National Hospital for 12 days; Maligakanda Magistrate visits for inspection

Suresh Sallay treated at National Hospital for 12 days; Maligakanda Magistrate visits for inspection

Lassana Flora