Sri Lanka to Commercialise Mannar Basin Gas Deposits

Sri Lanka will float international tender in October to commercialise gas deposits discovered in Mannar basin, country’s power and energy minister Patali Champika Ranawaka said Monday, reported news portal Colombopage.

He further said that measures are being taken to tap two of the gas deposits known as Dorado and Barracuda in the Mannar Basin.

In 2013, Cairn India discovered two successive gas and condensate deposits in the Dorado and Barracuda wells in the Mannar basin. However, early this year the company quit operations in Sri Lanka due to decline in oil prices.

According to Ranawaka, Colombo is keen on commercializing the natural gas deposits found by Cairn and have included it in the new 10-year national energy plan, Colombopage reported.