Sri Lanka to use Natural Gas to meet energy needs

Sri Lanka is planning to use Natural Gas as an energy source to meet the country's ever increasing needs for power and energy.



Towards this initiative, the Sri Lanka Cabinet has granted approval to a joint proposal by Ministry of Power and Energy and the Ministry of Petroleum Industries to appoint a high powered Steering Committee to implement the proposed measure.

The Committee is to authorize the Ministry of Petroleum Industries to explore the possibility of a long term natural gas supply arrangement under a Government-to-Government basis.

The government says that an estimated USD 572 million could be saved annually by using Natural Gas in the power sector. Source by: colombopage