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Message: <blockquote data-quote="monson" data-source="post: 23473520" data-attributes="member: 30005">National Policy on Natural Gas initial draft readyTuesday, July 31, 2018 - 01:03Print EditionLocalThe Petroleum Resources Development Secretariat (PRDS) has prepared an initial draft of the ‘National Policy on Natural Gas’ as the Government moves to commercialize already discovered gas deposits in the Mannar basin through International Competitive Bidding.This was indicated in the Petroleum Resources Development Ministry Performance Report for the year 2017 tabled in Parliament on July 19.“Sri Lanka has already discovered its own gas depositories in the Mannar basin. It has been revealed that the smaller “Dorado” reservoir has 300 Billion Cubic Feet of Natural Gas that can fire a 630 MW power plant for about 10 years.The more complex larger “Barracuda” discovery exceeds 1.8 Trillion Cubic Feet of Natural Gas that can fire a 2,000 MW power plant for 30 years,” the report stated.It stated the Draft National Policy on Natural Gas prepared by the PRDS in collaboration with the Ceylon Petroleum Corporation is currently being reviewed by the Ministry together with other stakeholders.- <a href="http://www.dailynews.lk/2018/07/31/local/158394/national-policy-natural-gas-initial-draft-ready" target="_blank">http://www.dailynews.lk/2018/07/31/local/158394/national-policy-natural-gas-initial-draft-ready</a></blockquote>

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