Cairn and Sri Lanka in talks over gas pricing

Friday, 26 July 2013 - 13:27

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Cairn Lanka, a unit of India-based Cairn is in talks with the government over gas pricing and commercial terms following the discoveries made in two wells.

Monetization of the existing discoveries continues to be evaluated under various development & commercial scenarios.

The company said it was considering options for the third phase in appraisal and exploration.