The Russian Foreign Ministry said on Thursday that Russia has received an appeal from Sri Lanka for help in overcoming the energy crisis raging in the country and is now considering the next steps to provide assistance.
Last Thursday, Sri Lankan Energy Minister Kanchana Wijesekera told reporters that Colombo is counting on Moscow to help overcome the energy crisis and acute shortage of energy resources by receiving Russian oil supplies.
Bloomberg reports that Russian oil is being supplied to Sri Lanka to produce fuel at the Sapugaskanda refinery as during crippling shortages of everything from gasoline to diesel.
Chairman Sumith Wijesinghe said in a phone interview that the Russian grade of Siberian Light will be processed at the Ceylon Petroleum Corporation’s refinery in Sapugaskanda.
According to Minister of power and energy Kanchana Wijesekera, Sri Lanka’s only refinery will restart for first time in over two months and produce fuel in six days.
Sri Lanka is the latest Asian nation to accept Russian crude after Moscow’s invasion of Ukraine prompted widespread condemnation and sanctions.
Most refiners in the US and across Europe have halted purchases from the Opec+ producer, prompting the cost of Russian oil to plummet, while opportunistic buying from Asian customers in China and India have surged.
Wijesinghe said Russian fuel alongside fuel from Abu Dhabi and Iran are being processed at the Sapugaskanda refinery.