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Sri Lanka calls for oil tender after Cairn India pullout

Published Tue, Oct 13, 2015 · 09:50 PM

Colombo

SRI Lanka will issue a fresh international tender for offshore oil and gas blocks after billionaire Anil Agarwal's Cairn India Ltd relinquished its exploration rights in the South Asian island.

Cairn will be "departing in a couple of weeks" after coming to an agreement with the Sri Lankan government, Petroleum Minister Chandima Weerakkody said in an interview on Monday. The island nation will keep Cairn's …

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