Saudi Arabia Replaces Iran in Sri Lanka – Oil Deals

[Lankan Ranger]

Saudi Arabia Replaces Iran in Sri Lanka – Oil Deals

Sri Lanka plans to increase oil imports from Saudi Arabia and in case it had to stop importing oil from Iran, instructions have been given to diplomatic missions to find more options to import crude oil to Sri Lanka.

The United States has announced an embargo on Iranian oil imports in a bid to put pressure on Iran to be transparent with its ongoing nuclear program.

Crude oil supplies to Sri Lanka’s one and only refinery in Sapugaskanda which refines nearly 50,000 barrels per day mainly comes from Iran.

It was stated by the Minister of Petroleum Susil Premajayantha ambassadors were asked to look for other alternatives and there are plans to increase oil imports from Saudi Arabia.

As of now, Sri Lanka imports a single consignment from Saudi Arabia per year which amounts to 135,000 metric tons of crude.

According to the Petroleum Ministry Secretary Dr. H. R.Samaratunga, Sri Lanka will also start discussions with Oman later this month.

Increasing Quantity

 

[Lankan Ranger]

 

[manojb]

Sri lanka ditches iran!

 

[PERSIAN GOD KING]

^^
so what?
china will get more oil now.

 

[Dalai Lama]

More for others.

 

[Lankan Ranger]

Sri lanka ditches iran!

I think United States increased pressure on Sri Lanka to replace Iran oil With Saudi oil.

United States Commerce Department Deputy Secretary Ms. Vineyard now in Sri Lanka.

US impressed by investment and trade potentials in Sri Lanka

 

[PERSIAN GOD KING]

This is bad new for sir lanka, USA will crumble soon and they will regret doing this.
sri lanka gets 80% of its oil from Iran, and its only refinary is design for Iranian oil(which is very high density).....

 

[Lankan Ranger]

This is bad new for sir lanka, USA will crumble soon and they will regret doing this.
sri lanka gets 80% of its oil from Iran, and its only refinary is design for Iranian oil(which is very high density).....

Mate, US santions will hurt Sri Lanka, so we did this, i hope you will understand...

 

[PERSIAN GOD KING]

I understand, But china,russia,India did not allow usa to make them stop with Iran.

 

[harpoon]

I understand, But china,russia,India did not allow usa to make them stop with Iran.

If making payment to Iran becomes more and more difficult, I don't think India can stick around much longer.

 

[Sadhu]

Mate, US santions will hurt Sri Lanka, so we did this, i hope you will understand...

And U claimed we r US stooges

 

[hunter_hunted]

Man its become the habit of KSA to stick nose in others problem and to escalate it to Highest peak.

 

[Abu Zolfiqar]

talk about a double-win situation for the Saudis........damn.

it seems western pressure is starting to cause major impact on Iranian oil exports.....i guess they still have some E.Asian and Latin American and African markets remaining. Not sure how long those would last either.

 

[Arian]

Let's see for how long the Saudis can keep their oil production high enough to compensate for Iran's absence. It's not a joke to add 2.5 million barrels per day to your oil production, at some point the USA will see the impacts of its decision on its own economy as well.

 

[harpoon]

Man its become the habit of KSA to stick nose in others problem and to escalate it to Highest peak.

Its making hay while the sun shines...Its only business, nothing personal