Petronas eyes oil well exploration in SL

8 October 2012 02:33 am - 13     - {{hitsCtrl.values.hits}}

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Petroliam Nasional Bhd (Petronas) is considering oil well explorations off the shores of Sri Lanka, possibly near the Palk Straits and the Mannar Basin bordering India and the island state.

It is learnt that the government of Sri Lanka has invited Petronas, through the Malaysian government, to study and review the possibly of working together in exploiting oil and gas (O&G) resources in the straits and the Mannar basin. (Source: Reuters)
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  Comments - 13

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  • Calistus Jayatilleke Monday, 08 October 2012 04:52 AM

    If and when oil is found, our "& Company" will be like the Ewing Family as portrayed in "Dallas"

    Don Diego Monday, 08 October 2012 11:15 AM

    In partnership with the Family from Malaysia. Win Win for the 2 thiefs in charge. Woe to the public at large.

    Sumathipala Monday, 08 October 2012 05:01 AM

    The people of Sri Lanka will not benefit a cent of it. All will be taken by the family. Starting with a few million USD Commission for the permit.

    Suddah Tuesday, 09 October 2012 06:12 AM

    We have great bahu bootha technologies in Sri Lanka, from Kapu Hamu, Bali Kapanno and Kattadi Rala and so on .. Cant we use any of our local technology that is century old to identify where is the correct location of oil deposits in Sri Lanka.
    This should be tois wade ney for our local boys.
    Seriously why no body thought about using our local genius Mantara Karayas, Bad come to worse we can import experts from Kerala for a second opinion :)
    After all even the top dog in Sri Lanka believe in all these bahu bootha technologies right ?

    Powerless Monday, 08 October 2012 11:59 AM

    Chinese are behind the scene

    Saliya De Silva Monday, 08 October 2012 12:05 PM

    We are a nation known for oil exploration but none of the investors are interested in. Why?

    true sri lankan Monday, 08 October 2012 05:43 AM

    Tired of stories...

    Manik Tuesday, 09 October 2012 12:59 AM

    What has happened to the oil that politicians claimed to have found before every election in SL.

    Jesus Monday, 08 October 2012 03:00 AM

    Making the rich richer...

    Narayan Monday, 08 October 2012 08:55 AM

    I wonder how much oil we do have in deep waters. I hope it won't be not enough to feed a single day requirement of the entire world. Too much speculation guys. Get a life.

    warElephant Monday, 08 October 2012 09:17 AM

    the only Thel you'll find in SL is Pol Thel

    Gazprom Monday, 08 October 2012 10:02 AM

    This Mannar basin is given to 10 or more parties now. How is that possible ? Yes it's speculation to accumulate more foreign investments , but the world Oil giants know what SL has and whats not.

    Hal Monday, 08 October 2012 04:04 AM

    We are eying oil well since the 70s. The price of fuel and electricity is skyrocketing. Who is fooling who?


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