Sri Lanka, Sept. 17 -- The Ministerial Consultative Committee on Energy Affairs has approved the Order governing the calling for investment proposals for the exploration and development of petroleum resources in Sri Lanka.

The approval was granted at a meeting of the Committee held at Parliament recently under the chairmanship of Energy Minister Anura Karunathilaka.

The Order was issued by the Minister of Energy under Section 48 of the Petroleum Resources Act, No. 21 of 2021, read with Section 17 of the Act, and approved by the Cabinet of Ministers. It was published in Extraordinary Gazette No. 2497/37 dated July 16, 2026.

Under the Order, any person seeking to explore or develop petroleum resources in one or more identified blocks mu...