Oman may help Sri Lanka if Iran oil sanctions bite

January 27, 2012 15:30


Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief


COLOMBO - Oman may sell oil to Sri Lanka in the event of a crisis, which the island nation is racing to avert with US sanctions on Iranian crude threatening its primary refining supply, Sri Lankan officials told Reuters on Friday.

Omani Oil Minister Mohammad bin Hamad al-Rumhy on Friday was holding a second and final day of talks with Sri Lankan Petroleum Industries Minister Susil Premajayantha, who is hunting for a new oil supply amid limited options.

"The two ministers discussed in detail how Oman could assist Sri Lanka in the event of a crisis, if Sri Lanka is unable to import crude oil from Iran," a ministry official with knowledge of the talks between Premajayantha and Al-Rumhy told Reuters on condition of anonymity.

The US and European sanctions will have an outsized effect on Sri Lanka, a tiny player in the world of buyers of Iranian oil but the one with the fewest alternatives.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

Breaking news
November 13, 2018
Turkey kills 19 Kurdish militants in air strikes in Iraq