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Sunday, 02 December 2012 - 13:09
Iranian crude to seep it's way to Sapugaskanda
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The government is currently drawing plans to obtain crude oil from Iraq which possesses a similar composition to crude refined at the Sapugaskanda oil refinery.

It is believed that crude obtained from Northern Iraq adjacent to the Turkish border has a similar compositional structure Iranian crude.

According to sources if an agreement could be inked to obtain crude supplies from Iraq, the move would assist in preserving large quantities of foreign currency spent to obtain Iranian crude.

According to Secretary to the Ministry of External Affairs Karunathilleke Amunugama discussions at a diplomatic level are currently under way to ink a potential deal between both nations.

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