Sri Lanka’s Presidential Secretary to visit Qatar to discuss clean energy - Opportunity Sri Lanka
Sri Lanka’s Presidential Secretary to visit Qatar to discuss clean energy

Sri Lanka’s Presidential Secretary to visit Qatar to discuss clean energy

Secretary to Sri Lanka’s President Gotabaya Rajapaksa is expected to visit Qatar for talks on clean energy following an invitation by the Qatari Minister for Energy Saad Sherida Al Kaabi during a recent visit to Sri Lanka.
Qatar is a top global producer and exporter for liquefied natural gas.
President Rajapaksa has reportedly nominated his Secretary P. B. Jayasundara as his representative to visit Qatar for energy talks following an invitation by the visiting minister.
The President’s Office has stated that the Qatari minister has during his visit had promised to assemble a group of Qatar firms for talks, saying they had established similar link with Poland and Pakistan.
Firms from the Gulf state such as state-run Qatar Gas have struck long-term contracts to supply LNG to Poland.
Sri Lanka is also planning to build several 300 MegaWatt LNG power plants and convert existing furnace oil plants to LNG.
Sri Lanka still does not have an LNG terminal to unload, store and re-gasssify LNG.
President Rajapaksa has said that Sri Lanka plans to have 80 percent renewable energy sometime in the future.
The President had had also expressed Sri Lanka’s keenness to export more tea as well as organic fruits and vegetables to Qatar.

OSL take:

Sri Lanka is currently exploring sustainable energy generation options given the impending power crisis in the country. Sri Lankan authorities are focused on promoting renewable energy generation options due to the need for clean and cheap energy. Therefore, foreign businesses/investors could explore business/investment opportunities in Sri Lanka’s power and energy sector.

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Article Code : VBS/AT/20200129/Z_3

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