Sri Lanka Seeks Waiver for Iranian Oil Imports

Date: 21 October 2018 - 21:53

News ID: ۵۸۷۷۲

TEHRAN (MNA) – Sri Lanka has sought advice from India over its strategy on purchasing oil from the country in the light of tightening U.S. sanctions during bilateral talks.
According to a statement published by the office of Sri Lanka’s Prime Minister Ranil Wickremesinghe, the country’s Petroleum Minister Arjuna Ranatunga has sought information on how India will act in the case of tighter sanctions from Indian External Affairs Minister Sushma Swaraj, Sri Lankan leading economic news agency ‘Economynext’ reported.
Swaraj had explained India's strategy on India and has said Sri Lanka could also follow the process and promised further information.
India along with Sri Lanka, are main customer of Iranian light crude.
Sri Lanka's ageing state-run refinery, originally built by the Soviet Union, works best with Iranian light crude, with other heavier crudes not generating enough light distillates.