24 foreign firms show interest in petroleum business in Sri Lanka: Minister

Twenty-four companies from India, the United Arab Emirates (UAE), Saudi Arabia, the US, China, Russia, the UK, Malaysia, Norway, and the Philippines are interested in the petroleum business in Sri Lanka, a Minister said.

Minister of Power and Energy Kanchana Wijesekera said on Sunday night that his ministry has appointed a committee to evaluate the expressions of interest (EOIs) submitted by the foreign firms, which will finalise the process within six weeks, reports Xinhua news agency.

Wijesekera said companies in petroleum-producing countries were invited to import, distribute and sell petroleum products in Sri Lanka.