Environment Minister Nasir Ahmed has invited Saudi Arabia to start an oil refinery in Sri Lanka.
This invitation has been given by the Minister of Environment who has gone to Saudi Arabia as the special representative of the President for the bilateral talks between Sri Lanka and Saudi Arabia.
The Minister also said that Sri Lanka can provide sufficient storage facilities to cover the entire region.
The environment minister also said that this invitation was made to provide a modern oil refinery and storage facilities for energy security cooperation by establishing a strong long-term relationship with Saudi Arabia.
In these discussions, attention was paid to the long-term agreements that can be made for Sri Lanka to obtain gas oil, petrol, jet A-1, crude oil, etc. and the necessary activities to establish long-term economic cooperation.
The minister also stated that Saudi Arabia, one of the leading economic powers in the Asian region, is playing a major role as a leader in the energy sector and that the “Vision 2030” of Saudi Arabia’s Crown Prince Mohammed bin Salman has attracted the whole world.