Home / Energy/ Sri Lanka eyes Qatar LNG for power plants

Sri Lanka eyes Qatar LNG for power plants


Comments / {{hitsCtrl.values.hits}} Views / Tuesday, 22 November 2016 00:02

Facebook

Sri Lanka is keen on importing liquefied natural gas (LNG) from Qatar as part of plans to shift to clean energy, a top Government official said.

“In our energy sector, LNG-generated power plants are going to be the next futuristic power generation option. In order to bridge the gap of our energy supplies, we want to move away from coal to LNG. There is a high priority being given to that,” Minister of City Planning and Water Supply Rauff Hakeem was quoted as saying in a Gulf Times report.

“We have already identified two 300MW LNG-generated power plants that we plan to rollout. We are now projecting our power requirements for the next 20 to 30 years; we need to quickly move to energy options which have less impact on the environment and LNG is one of those options,” Hakeem told Gulf Times.

“There is a free trade agreement that we are finalising with Qatar and hopefully that will be signed when the President visits the country next year. The free trade agreement will further facilitate better bilateral trade ties between Qatar and Sri Lanka and give better incentives to people from both countries to trade with each other,” Hakeem noted.


Share This Article

Facebook Twitter


DISCLAIMER:

1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.

COMMENTS

Today's Columnists

Will the real JVP – Joke; Vital cog; Party poopers – please stand up?

Thursday, 22 August 2019

THE REDS ON THE GREEN HAVE TAKEN THE LIE OF THE LAND – and it is a highly-publicised stand, being the largest political rally of late. It’s a red flag planted claiming a space in the electoral pantheon, which is open to a plethora of interpretati


Amendment of People’s Bank Act: Any sinister motive?

Thursday, 22 August 2019

Parliament of Sri Lanka is scheduled to debate a Bill presented by the Minister of Finance on 24 May and Published as Bill No. 282 in the Gazette (erroneously dated as 9 July 2018). The legal effect of this Bill is stated as follows: nClause 2: This


Solar power can save country from blackouts

Thursday, 22 August 2019

The country faced country-wide power-cuts (except Colombo) in March when electricity generated failed to meet the demand, as the current Government failed to establish even a single major power generation plant or even award for construction. Heavy r


Emerging signals of a US recession

Wednesday, 21 August 2019

US stocks plunge on fears of an economic downturn Last week’s turbulence in financial markets was a reaction to the fresh evidence of a possible recession in the US economy. The Dow Jones Industrials Average dropped a whopping 800 points or 3% last


Columnists More

Special Report

SPECIAL REPORT MORE