Press briefing of Cabinet Decision taken on 2013-01-24

Amendment to the Petroleum Resources Act, No. 26 of 2003

- with the view to meeting the required standards of global expectations of the petroleum industry as well as to introduce the principles of good governance into Sri Lanka's Oil and Gas Industry, the proposal made by H.E. the President, to bring in amendments to the Petroleum Resources Act, No.26 of 2003 and widen the scope of the Act, was approved by the Cabinet.