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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

πŸ“ 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 country’s long-delayed search for commercially viable oil and gas. The Government and the Petroleum Development Authority of Sri Lanka (PDASL) launched […] The post Sri Lanka Puts Mannar Basin Oil Wealth on Global Auction appeared first on Lankanews.lk .

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lanka mannar basin puts wealth global auction petroleum taken potentially

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