Sri Lanka Puts Mannar Basin Oil Wealth on Global Auction
Source: Lanka News
Category: Politics
Region: Sri Lanka
Published: October 09, 2026 at 03:22
π Summary
Sri Lanka has taken a potentially transformative but high-risk step towards unlocking its offshore petroleum resources by placing four exploration blocks in the Mannar Basin before international investors, opening a new chapter in the countryβs long-delayed search for commercially viable oil and gas. The Government and the Petroleum Development Authority of Sri Lanka (PDASL) launched [β¦] The post Sri Lanka Puts Mannar Basin Oil Wealth on Global Auction appeared first on Lankanews.lk .