MR explores possibility of buying crude oil from Azerbaijan

7 May 2013 05:44 am - 11 - {{hitsCtrl.values.hits}}

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President Mahinda Rajapaksa discussed the possibility of importing crude oil from Azerbaijan when he met its Foreign Minister Elmar Mammadyarov at Temple Trees yesterday, the presidential media reported.

Explaining the difficulties that small developing nations are facing due to sanctions on Iran, the President said it would help reduce the burden on Sri Lanka by turning to other sources. More than 90% of Sri Lanka’s crude oil imports come from Iran.

Mr. Mammadyarov spoke favorably of the possibility and said his country would be open to such negotiations. President Rajapaksa also encouraged Azerbaijan to consider investing in Sri Lanka and urged members of its private sector to visit Sri Lanka and assess the possibilities for themselves.

“This is the best time to come and invest in Sri Lanka,” President Rajapaksa said. Mr. Mammadyarov spoke of Sri Lanka’s economic development since the end of the war and said his country had great respect for the President for ending the armed conflict. He described this as a great achievement.

Mr. Mammadyarov said Azerbaijan, was a part of the former Soviet Union and was currently a non-permanent member of the UN Security Council.

He said his country was ready to support Sri Lanka internationally. “We stand on the same line on international issues,” Mr. Mammadyarov told the President.

The Azerbaijan non-resident Ambassador Ibrahim Hajiyev, External Affairs Minister G.L. Peiris, Presidential Secretary Lalith Weeratunga and Acting External Affairs Secretary Kshenuka Senewiratne were also present at the discussions, the media report said.

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Comments - 11

Mohamed Tuesday, 07 May 2013 08:21 AM

How come he approve "Hala" Oil

MayIwin Silva Wednesday, 08 May 2013 01:24 AM

Iran had already built a pipe line up to Pakistan defying the Yankee objections. We could have asked to extend it up to Colombo.

Seriously Tuesday, 07 May 2013 09:02 AM

So, still no Oil from Mannar?

sahdi Wednesday, 08 May 2013 04:32 AM

Finally that oil will be ANCHABACHAAL ....

Koridtuwakkuarachchi Tuesday, 07 May 2013 10:37 AM

Are we begging for oil?

sheriff Tuesday, 07 May 2013 07:02 AM

this is another Halal country

Kalum Tuesday, 07 May 2013 11:01 AM

They are not as crazy as you think.

Achari Tuesday, 07 May 2013 07:18 AM

It doesn't matter as far as I get the 10 - 15%

PRASANNAJIT Tuesday, 07 May 2013 11:17 AM

Now from how many countries we planned to buy oil? Finally they will bring some spoilt oil from Singapore.

Mathu Tuesday, 07 May 2013 07:45 AM

How MR will bring the CRUDE OIL from Azerbaijan. This is like taking aviation Fuel by Road to Mattala Airport.

M.O.A. Careem Tuesday, 07 May 2013 08:02 AM

Is it BURNING THIS IS GREAT GO AHEAD.........

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MR explores possibility of buying crude oil from Azerbaijan

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