Sri Lanka gas plan views

摘要

THE Sri Lanka government has invited public consultation on its draft gas and liquefied natural gas policy as the South Asian country moves to develop a domestic natural gas industry, writes Amanda Battersby. The draft claimed the government would be transparent in its LNG procurement, enabling the country to buy LNG at the most competitive price. "Sourcing will be conducted taking into consideration... key factors such as price, time of purchase, quantity and quality requirements to give us a competitive advantage when negotiating contracts in the international LNG markets," the draft document said. It proposed developing a pricing mechanism that would make gas available to consumers at affordable rates yet lucrative enough to suppliers to encourage investment in the industry. "The government will adopt a formula-based pricing policy for natural gas covering both supplies from indigenous sources as well as imported LNG that is aimed at ensuring affordable prices for consumers while guaranteeing sufficient returns on investments for suppliers to sustain and attract investments for growth of the industry," the document said.