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Home » Russia agrees to provide a commercial credit facility to procure crude oil
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Russia agrees to provide a commercial credit facility to procure crude oil

Buzzer EditorBy Buzzer EditorOctober 20, 2022No Comments1 Min Read4 Views
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A discussion has been held between Russian authorities and Sri Lankan representatives to buy crude oil from Russia.

Accordingly, the Deputy Minister of Finance of the Russian Government representing Sri Lanka, Minister of Education Susil Premajayanth, Minister of Trade Naleen Fernando and others have participated in this.

In this discussion, former Sri Lankan Ambassador to Russia Dr Saman Weerasinghe stated that Russia has agreed to provide a commercial credit facility to obtain crude oil as a solution to the country’s fuel crisis.

He further stated that the President of Sri Lanka should send a letter to the Russian President stating how much crude oil he needs and that the loan amount should be paid back to Russia within 3 or 6 months.

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News June 3, 20262 Views1 Min Read

Railway Dept. incurs over Rs. 1 million loss due to season ticket delays

By Buzzer EditorialJune 3, 20260 News 1 Min Read2 Views

The Department of Railways has incurred losses exceeding Rs. 1 million due to delays in…

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