Sapugaskanda to reopen on Jan. 30: Energy Ministry
The Sapugaskanda oil refinery will be late in resuming its operations due to a delay in opening Letters of Credit (LCs) to procure the required crude oil, Energy Ministry Secretary K. D. R. Olga said.
Indian External Affairs Minister S. Jaishankar said today that India has extended financing assurances to the IMF to clear the way for Sri Lanka to move forward because India felt strongly that Sri Lanka’s creditors must take proactive steps to facilitate its recovery.
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