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Sunday, 30 November 2008

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Anil Koswatte

Strategic plan will help develop exports - EDB chairman

The export sector, a main contributor to the country’s economy is facing tough times due to the decline in exports to key markets which are affected by the global crisis.

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60% probability of oil exploration in Mannar basin

The probability of success in the exploration of Hydro Carbon (HC) in the Mannar basin is an high as 60% and by 2013-2014, we will able to produce Sri Lankan oil, the Secretary General of the Petroleum Resource Development Secretariat Dr. Neil De Silva said.

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Consumers to benefit at next gas price revision - Laugfs chairman

The benefit of the drop in world crude oil prices will be passed on to the consumers at the next price revision in January, said Chairman, Laugfs Holdings Limited, W.K.H. Wegapitiya.

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