Sri Lanka sends 2 ministers to Russia for oil amid crisis

Sri Lanka sends 2 ministers to Russia for oil amid crisis

SeattlePI.com

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COLOMBO, Sri Lanka (AP) — Sri Lanka is sending two ministers to Russia to negotiate for fuel — one of the necessities that the Indian ocean island nation has almost run out of amid its ongoing economic crisis.

Power and Energy Minister Kanchana Wijesekera said two ministers are scheduled to leave for Russia on Monday to continue in person talks that Sri Lanka has been having with Russian authorities to directly purchase fuel, among other related issues.

He urged people Saturday not to line up for fuel, saying new shipments would be delayed due to “banking and logistics reasons.”

He said limited stocks of fuel will be distributed to limited stations throughout next week. He said until the next shipments arrive, “public transport, power generators and industries will be given a priority.”

Residents have had to queue for hours and sometimes days to get fuel, sometimes resorting to burning charcoal or palm fronds for cooking.

Wijesekera's comments come while a high-level U.S. delegation is visiting Sri Lanka, seeking ways to help the island nation cope with an unprecedented economic crisis and severe shortages of essential supplies.

Since Russia’s invasion of Ukraine in late February, global oil prices have skyrocketed. While Washington and its allies are trying to cut financial flows supporting Moscow’s war effort, Russia is offering its crude at a steep discount, making it extremely enticing to a number of countries.

Like some other South Asian nations, Sri Lanka has remained neutral on the war in Europe.

However, Wijesekera said the foreign ministry and the Sri Lankan ambassador in Russia have been making arrangements for a fuel sale.

“There is an advantage for us if we cold buy oil directly from the Russian government or the Russian firms. There are talks going on,”...

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