(EnergyAsia, July 21) — Rising international oil prices could undermine Sri Lanka’s economic performance this year, its Central Bank has warned. Its officials told BusinessLanka that oil prices could be as dangerous to Sri Lanka as the ongoing political instability. The country meets virtually all its oil and gas requirement from imports. With oil prices…
SRI LANKA: Oil prices could hurt the economy as much as political instability
Posted on July 21, 2005 by EnergyAsia