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Sri Lanka finalizes framework on offshore oil, gas exploration investment

COLOMBO, Jan. 13 (Xinhua) — A gazette has been signed finalizing the legal framework for offshore oil and gas exploration investments in Sri Lanka, a minister said Friday.

Minister of Power and Energy Kanchana Wijesekera said that the Petroleum Development Authority of Sri Lanka (PDASL) hopes to recommence work on exploration of assets in about 900 blocks in sites with possible gas and oil, identified around th