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Oman And Sri Lanka Sign MOU On Energy Cooperation
Published on Monday, 02 Apr 07:00 am
State-owned Oman Oil Company (OOC) has signed a memorandum of understanding (MOU) with Sri Lanka’s Ceylon Petroleum Corporation (CPC) to increase cooperation in the fields of both oil and gas, as the South Asian country looks to reduce its dependence on Iranian oil with the EU-led oil purchase ban scheduled to come into effect in early July.
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