Peace for the World

Peace for the World
First democratic leader of Justice the Godfather of the Sri Lankan Tamil Struggle: Honourable Samuel James Veluppillai Chelvanayakam

Monday, March 12, 2012

India to get oil well as payment for support in Geneva

It is learnt that India has set a condition to the Sri Lankan government that it should allocate the oil exploration blocks in the Mannar Basin to India in order to extend its support to Sri Lanka at the UN Human Rights Council sessions in Geneva.
A revelation made in The Hindu newspaper on the 6th stated that the Indian government had expressed its dissatisfaction at other countries getting involved in oil exploration activities in Sri Lanka.
India has been allocated two out of the nine blocks allocated for oil exploration in the Mannar Basin. India’s Cairns Company has already carried out exploration work in one of the blocks and has reported that they have found oil in the block.
Although block number M8 has been allocated to China, India has expressed its dissatisfaction to the move.
Since oil has been found in the Cauvery Basin, it is learnt that India has set a condition that it would support Sri Lanka in Geneva if the blocks would be allocated to the country.
The Petroleum Ministers of the two countries are to hold discussions on the matter later this month. It is also learnt that the reason to get a progress report on the matter by next October was due to India’s opposition to interference by other nations in Sri Lanka.