OIL INDUSTRY KEEPS MAKING PROFITS IN SRI LANKA, DESPITE CIVIL WAR
November 1st, 2008
BY MUNZA MUSHTAQ
DOING business in a country wracked by civil war is never easy, and involves extra cost, but with care and good management, oil and gas companies can still turn profits in such circumstances. Sri Lanka is a good case in point: multinationals Shell, Indian Oil Corporation (IOC) and Chevron Lubricants are trading successfully in this country, even as its government's armed conflict with Tamil Tiger separatists reaches an expected military climax. How? By investing enough to ensure the safety of their staff and assets.
From heavily armed security ...
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