Sri Lanka To Negotiate With Russia For Oil Amid Economic Crisis

Sri Lanka is sending two government ministers to Russia to negotiate for fuel — one of the necessities nearly exhausted amid the Indian Ocean island nation’s economic collapse.

The development comes as Washington and its allies aim to cut off energy imports from Russia in line with sanctions over its war on Ukraine. Since the invasion in late February, global oil prices have skyrocketed, sparking a number of countries to seek out Russian crude, which is being offered at a steep discount.

Power and Energy Minister Kanchana Wijesekera said two ministers are scheduled to leave for Russia on Monday to continue talks that Sri Lanka has been having with Russian authorities to directly purchase fuel, among other related issues.

He urged people Saturday not to line up for fuel, saying only limited stock will be distributed to limited stations throughout next week. He said until the next shipments arrive, “public transport, power generators and industries will be given a priority.”

Residents have had to queue for hours and sometimes days to get fuel, sometimes resorting to burning charcoal or palm fronds for cooking.

Wijesekera’s comments come while a high-level U.S. delegation is visiting Sri Lanka, seeking ways to help the island nation cope with an unprecedented economic crisis and severe shortages of essential supplies.


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