Cabinet approves Shell purchase

7 October 2010 04:25 am - 16 - {{hitsCtrl.values.hits}}

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Cabinet has approved the purchasing of 51% of shares of Shell Gas Ltd for USD 63 million, government sources said. The decision follows a recommendation by a committee appointed to negotiate with Shell multi-national.

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Comments - 16

jim jam Thursday, 07 October 2010 04:37 AM

wonder who will have the last Laugh...

scrap_metal Thursday, 07 October 2010 04:46 AM

hope this wont be another CPC...

Wasantha Thursday, 07 October 2010 04:48 AM

Very big deal. However, do not know who is going get the commission this time.

Iluminatis Thursday, 07 October 2010 04:52 AM

gonna be a another satosa

Rohith Thursday, 07 October 2010 04:56 AM

Commendable move by govt to patch up the scars of CBK regime... Keep it up...

dharmatilake Thursday, 07 October 2010 04:59 AM

Probably another Shell Gas price hike in the near future !!!
Dharma

AMICUS Thursday, 07 October 2010 05:00 AM

SHELL SHOCKED ?

Lalindra Thursday, 07 October 2010 05:01 AM

after that we can see the logo of "sinha soorya" on the shell gas barrel.....good move...ganna ape de!

sam Thursday, 07 October 2010 05:07 AM

|One sells and another purchases. What is the bottom line? Commision or People's choice?

UJ Thursday, 07 October 2010 06:31 AM

Who's gonna bear the cost for new gas sylinders?

Ramesh Thursday, 07 October 2010 06:31 AM

The price of domestic LPG cylinder is much higher then India, Pakistan, Bangladesh and Nepal.

Aslam Thursday, 07 October 2010 06:58 AM

then we can hope the Gas prices will up from next week???

Wara Thursday, 07 October 2010 10:42 AM

That's why Gov. has taken over.

Katussa Thursday, 07 October 2010 11:45 AM

IMF funds at work?

bindu Thursday, 07 October 2010 04:48 PM

Hope the govt will manage it properly. Otherwise probably we will have no gas to cook in future ? Laugfs please get geared up.

shyamal Perera Friday, 08 October 2010 06:08 AM

WONT BE SECOND TO SRI LANKAN AIRLEINES -WHAT A
BLUNDER

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Cabinet approves Shell purchase

Comments - 16

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