Sri Lanka, June 19 -- In the wake of the West Asian or Middle East crisis, Sri Lanka and India have recognized the need for the expeditious implementation of the Trincomalee petroleum hub project for energy security, but no specific timeline is carved out yet, Daily Mirror learns.

Trincomalee has been identified as a nodal point of cooperation between India and Sri Lanka in the field of energy security. The 1987 Indo-Sri Lanka Accord marked the first formal reference to Indian involvement in the development of the Trincomalee oil tank farm.

Later, during the 2002-2004 period, India and Sri Lanka signed agreements allowing Indian Oil Corporation (IOC) involvement in fuel sales and distribution in Sri Lanka. However, this did not lead to...