[ad_1]
Prime Minister Ranil Wickremesinghe, in an interview with the Related Press information company on Saturday, mentioned he would first look to different sources, however can be open to purchasing extra crude from Moscow.
The nation is within the midst of its worst monetary disaster in seven a long time and severely strapped for {dollars} to pay for vital imports together with meals, gas and medication.
Lengthy traces, generally kilometers lengthy, are a typical sight close to petrol stations throughout the nation, which has additionally been hit by rolling energy cuts.
Wickremesinghe, who can also be Sri Lanka’s finance minister, additionally indicated he can be prepared to just accept extra monetary assist from China, regardless of the island nation’s mounting money owed.
Sri Lanka’s present predicament was of “its personal making”, he mentioned, and the conflict in Ukraine was making it even worse including that dire meals shortages may proceed till 2024.
He mentioned Russia had additionally provided wheat to Sri Lanka.
Sri Lanka was additionally making an attempt to get oil and coal from its conventional suppliers within the Center East.
Officers are negotiating with non-public suppliers, however Wickremesinghe mentioned one concern they face is that “there’s a whole lot of oil going round which may be sourced again informally to Iran or to Russia.”
Since Russia’s invasion of Ukraine in late February, world oil costs have skyrocketed.
[ad_2]
Source link