Crisis-hit Sri Lanka gets Russian oil to ease shortages

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Crisis-hit Sri Lanka gets Russian oil to ease shortages
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Cash-strapped Sri Lanka takes delivery of Russian oil to restart operations at the country's only refinery, the energy minister says

Sri Lanka has taken delivery of Russian oil - which could soon be subject to a European embargo - to restart operations at the country's only refinery.

Colombo is also in talks with Moscow to arrange direct supplies of crude, coal, diesel and petrol despite US-led sanctions on Russian banks and a diplomatic outcry over Russia's offensive against Ukraine. Wijesekera said Ceylon Petroleum Corporation was already in arrears of $735 million to suppliers and no one came forward to even bid for its oil tenders.

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