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| Thursday, 27 February 2003 |
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Legislation for oil exploration soon by Rashomi Silva Sri Lanka plans to make another attempt at striking oil, with the
enactment of new legislation to facilitate the exploration of petroleum.
Several previous attempts to discover oil in Lanka's territorial waters
did not succeed.It is understood that the government will bring in an 'Oil
Exploration Bill', in the context of a positive result of a study carried
out by a reputed oil exploration firm in Australia. Rs. 160m Japanese grant for food security project by Uditha Kumarasinghe The Japanese Government has pledged a financial grant of Rs.160
million to the Sri Lankan Government to implement phase one of the
Special Project for Food Security in Sri Lanka. Other Stories
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