Posted by Onlanka Information on August 13, 2026 – 1:49 pm
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The Ceylon Petroleum Company (CEYPETCO) will start calling for proposals this month to pick out an acceptable investor to extract and use pure fuel sources within the Mannar Basin.
CEYPETCO Managing Director Dr. Mayura Neththikumarage mentioned the Petroleum Improvement Authority of Sri Lanka has scientifically confirmed the presence of pure fuel within the Mannar Basin.
He mentioned the investor choice course of might be carried out with the approval of the procurement committee.
buyers might be given about 5 months to submit their purposes below the proposed course of.
