Sri Lanka has decided to conduct two dimensional seismic surveys to test the availability of petroleum and Natural gas deposits in the South Western, Southern, South Eastern and Eastern offshore areas.
The Cabinet granted its approval on Wednesday to a Memorandum submitted by Petroleum and Petroleum Resources Development Minister A.H.M. Fowzie to conduct a two dimensional seismic survey costing US$ 6.5 million to ascertain whether petroleum and natural gas deposits occur in those areas.
The Petroleum Resources Development Secretariat (PRDS) has submitted a proposal for conducting a two dimensional survey and this was approved by the Petroleum Development Committee. The total estimated length for carrying out the survey is about 2,500 kilometers.
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