Crisis-hit Sri Lanka woos foreign oil firms amid fuel shortages


FE Team | Published: July 26, 2022 13:19:45 | Updated: July 29, 2022 17:00:10


A closed Ceylon Petroleum Corporation fuel station displays the availability of all fuel types on a board due to fuel shortage, amid the country's economic crisis, in Colombo, Sri Lanka on June 27, 2022 — Reuters/Files

Crisis-hit Sri Lanka invited on Tuesday expressions of interest from oil companies in petroleum-producing nations seeking to import and sell petroleum products as the Indian Ocean island opens its market amid acute fuel shortages, reports Retuers.

"An advertisement was published today calling for expression of interest (EOI) for oil companies to import, distribute and sell petroleum products in Sri Lanka," Kanchana Wijesekera, the power and energy minister, said on Twitter.

Share if you like