• 4 minutes England Running Out of Water?
  • 7 minutes Trump to Make Allies Pay More to Host US Bases
  • 10 minutes U.S. Shale Output may Start Dropping Next Year
  • 14 minutes Washington Eyes Crackdown On OPEC
  • 6 hours Dutch Populists Shock the EU with Election Victory
  • 14 hours One Last Warning For The U.S. Shale Patch
  • 2 hours Venezuela Says Russian Troops Land to Service Military Equipment
  • 9 hours 3 Pipes: EPIC 900K, CACTUS II 670K, GREY OAKS 800K
  • 4 hours Read: OPEC THREATENED TO KILL US SHALE
  • 52 mins Multi-well Pad Drilling Cost Question
  • 24 hours Climate change's fingerprints are on U.S. Midwest floods
  • 11 hours U.S.-China Trade War Poses Biggest Risk To Global Stability
  • 1 day Oil Slips Further From 2019 Highs On Trade Worries
  • 1 day The Political Debacle: Brexit delayed
  • 21 hours Modular Nuclear Reactors
  • 11 hours European Parliament demands Nord-Stream-ii pipeline to be Stopped
Chinese LNG Imports Drop As Winters Nears End

Chinese LNG Imports Drop As Winters Nears End

China’s liquefied natural gas (LNG)…

Vietnam Requests Sri Lanka to Stop Offshore Oil Exploration

Vietnam has asked the Sri Lankan government for a block for oil and natural gas exploration activities in the Indian Ocean Mannar basin and expressed confidence that that Sri Lanka might accede to the request, as it is rich in both resources.

Vietnam's National Oil and Gas Group's Vice President Phan Nhu Khan told journalists in the Sri Lankan capital Colombo, "We see lot of potential in Sri Lanka as our preliminary examinations and seismic data have shown in the Cavari basin and our geologists are of similar opinion of finding gas and oil there. We are looking for opportunities for upstream development and the Sri Lanka government has approved it in principle with the signing of several memoranda of understating between the two countries," Colombo’s The Island newspaper reported.

Khan added that the state owned Vietnam's National Oil and Gas Group's, which produced 30 percent of Vietnam's oil output had expanded its regional oil activities to include Indonesia, Malaysia and Myanmar.

On 15 October eight cooperation agreements between Vietnam and Sri Lanka covering national defense, trade, oil and natural gas collaboration were signed during Vietnamese President Truong Tan Sang's visit to Sri Lanka.

By. Joao Peixe, Deputy Editor OilPrice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News