Director General of the Petroleum Resources Development Secretariat Saliya Wickramasuriya stated to our news team that the Government has taken steps to go ahead with another auction in the Mannar oil block in the Mannar Basin within the next three months.
The Director General also added that Sri Lanka could expect an investment of over two Billion US Dollars.
He added that in total, 15 blocks surround Sri Lanka, 10 of which are in the Mannar Basin with a remaining five in the Cauvery Basin.
Cairn India have neared completion of drilling three wells in the Mannar Basin, two of which have since been reported to carry natural gas and liquid hydro-carbon potential.
Speaking to our news team safety engineer Damith Senadheera had this to say.