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Latest Analysis / East of Suez Gas Service

Gas/LNG Alert - Another LNG-to-Power PPA Signed in Sri Lanka But Lack of Clarity on FSRU Plans is Concerning

Published: 5 May, 2025

Highlights:

  • In early April 2025, a PPA was executed between Ceylon Electricity Board (CEB), Sri Lanka’s state-owned power utility, and Sahasdhanavi Limited, an independent power producer (IPP) in the island nation. While the power plant could commence output as early as 2026/27, this does not guarantee ...

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