Oct 04, Colombo: Sri Lanka will receive the Iranian oil credit facility for another three months at a concessionary interest rate to meet its crude oil requirements, the government said today.
The Iranian government has agreed to give an extension of three months as the interest-free oil credit facility to purchase the country's crude oil requirement is to end soon.
Sri Lanka's Petroleum Resources Minister A.H.M. Fowzie is expected to conclude the agreement with Iranian government officials in a meeting on October 13.