Bankrupt Lanka seeks discounted Russian oil ...Qatar

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Bankrupt Lanka seeks discounted Russian oil
Cash-strapped Sri Lanka yesterday announced sending ministers to Russia and Qatar to try and secure cheap oil a day after the government said it had all but run out of fuel. The government meanwhile extended a two-week closure of non-essential state institutions until further notice in order to save fuel, maintaining only a skeleton staff to provide minimum services. Energy Minister Kanchana Wijesekera said two ministers will travel to Russia today to discuss getting more oil following last month’s purchase of 90,000 tonnes of Siberian crude. That shipment was arranged through Coral Energy, a Dubai-based intermediary, but politicians have been urging the authorities to negotiate directly wi

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