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Iran shows optimism about crude oil concessions to SL

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25 February 2016 11:44 am - 0     - {{hitsCtrl.values.hits}}

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Iran government has responded positively to supply crude oil to Sri Lanka at concessional prices, a Sri Lankan Finance Ministry statement yesterday said. The request was made by Finance Minister Ravi Karunanayake during a meeting he had with the visiting Iran Energy Minister Hamid Chitchian. The meeting was also attended by Iranian Ambassador to Sri Lanka Mohammed Zaeri Amirani. Many oil exporting nations (OPEC) have agreed to cut oil production significantly to prop up the lower oil prices. Though Iran had welcomed this move, it had not so far committed to an oil output freeze. Brent crude prices are currently hovering around US $ 35 per barrel and OPEC Basket at US $ 28.


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Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

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