(EnergyAsia, October 19) — Sri Lanka’s Central Bank has submitted a proposal to the government to hedge the country’s oil imports from rising, volatile prices. In a statement, it said that last month, it made a presentation to the President and the Cabinet to “explain the schemes available in the global market by way…
SRI LANKA: CENTRAL BANK seeks to protect economy from impact of high oil prices through hedging
Posted on October 19, 2006 by EnergyAsia