📝 Summary
Sri Lanka created a new institution to finally turn its offshore petroleum ambitions into a commercial reality. Five years later, the Petroleum Development Authority of Sri Lanka is preparing to revive that effort, but its history shows how legal uncertainty, economic crisis, political instability and weak investor confidence repeatedly disrupted the country’s search for oil […] The post Sri Lanka’s Oil Dream Survived but Exploration Never Truly Began appeared first on Lankanews.lk .