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Sri Lanka tap Iran for gas

The Sri Lanka Embassy in Tehran is working out avenues of obtaining supplies of Liquefied Petroleum Gas (LPG) and Liquefied Natural Gas (LNG) from leading gas producer Iran at prices concessionary to world market prices.

The Mission’s initiative follows instructions given by President Mahinda Rajapakse to Minister of Trade Commerce and Consumer Affairs Jeyaraj Fernandopulle to look for long term supplies of gas on advantageous terms.

Sri Lanka’s Ambassador to the Islamic Republic of Iran Mr. M. M. Zuhair, following the Sri Lankan Trade Minister’s recent visit to Tehran for the Sri Lanka-Iran Joint Economic Commission meeting is learnt to have reported positive response from Iranian suppliers of LPG for long term supplies to Sri Lanka to be contracted at special prices that would be advantageous to Sri Lanka.

Iran is the world’s second largest producer of Gas and the fourth largest exporter of Oil. The petrochemical industry of Iran is enjoying creditable performance in the international scene utilizing modern technology and innovative management techniques.

India, Pakistan and Iran are working on a gas pipeline that would guarantee supplies to the sub-continent from Iran, across Pakistan.

Ambassador Zuhair said: "We are keenly and actively following on the Sri Lankan President’s initiative. Obtaining regular gas supplies at reasonable prices is on the government’s agenda, because gas is an essential requirement in every Sri Lankan household. However, obtaining at concessionary prices is a challenging task. Iranian exporters have shown interest on long term contracts with infrastructure facilities to be provided by Sri Lanka. We are keenly working to obtain supplies on special terms".

If Colombo will set-up the necessary facilities for regular transhipment supplies from Bandar-Abbas Port in the Gulf, Iranian supplies on attractive terms could be assured, Iranian companies have told the Sri Lankan Ambassador.

The Sri Lanka Mission is working closely with Colombo and experts from Colombo need to visit Tehran to work out the details, it is learnt. (Alert News Agency)

 

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