Ceylan Energy, Sri Lanka’s first oil company launched
Sri Lanka’s first and only oil and gas
exploration and production company, Ceylan Energy was launched
yesterday. Ceylan Energy brings together some of Sri Lanka’s leading
oil and gas professionals who are committed to maximising the
island’s resources and developing its energy industry.
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Growth in reserve, broad money decelerate
The growth in both reserve money and broad money
decelerated during the first four months of 2013, Finance Ministry
data reveal. The year-on-year growth in the reserve money was 11.4
percent in April 2013. The broad money (M2b) grew by a moderate rate
of 15.2 percent in April 2013 on a year on year basis, continuing
the overall monetary expansion at the levels expected in the
Monetary Programme for 2013.
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Magampura Port to begin bunkering in August
The bunkering operation of the Magam Ruhunupura
Mahinda Rajapaksa Port (MRMRP) will commence next month and several
ventures have already given boost to the operation.
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