{"id":5339,"date":"2021-09-23T14:54:37","date_gmt":"2021-09-23T09:24:37","guid":{"rendered":"http:\/\/www.cebeu.lk\/cebeuw\/?p=5339"},"modified":"2021-09-23T16:54:44","modified_gmt":"2021-09-23T11:24:44","slug":"sri-lanka-could-lose-billions-through-unsolicited-new-fortress-energy-deal","status":"publish","type":"post","link":"https:\/\/www.cebeu.lk\/?p=5339","title":{"rendered":"Sri Lanka could lose Billions through unsolicited New-Fortress Energy Deal"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Sri Lanka stands to lose hundreds of millions of dollars through a back-door liquefied natural gas (LNG) deal with a US firm which could be worth up to 6.0 billion US dollars but is coming in as the sale of share of a power plant, engineers of the state power utility have warned.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Energy security would also be undermined as the national grid would be dependent on a single company for the supply of LNG to the entire country and will also block state-run Ceylon Electricity Board from using cheapest energy source based on market prices, the CEB Engineers Union has said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It is not clear how the unsolicited deal was suddenly struck without open tender for either the sale of a 40 percent Treasury stake in a power plant, LNG procurement for at least five years, or to operate floating liquefied natural gas terminal which is expected to charge fees from the state-run Ceylon Electricity Board.-EconomyNext<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Read The Story: <a rel=\"noreferrer noopener\" href=\"https:\/\/l.facebook.com\/l.php?u=https%3A%2F%2Feconomynext.com%2Fsri-lankas-could-lose-billions-through-unsolicited-new-fortress-energy-deal-cebeu-86396%2F%3Ffbclid%3DIwAR3W6rfTeg_HQ3n1feh3LnoqdfpCOlzn0y4V6BgTykVi6bXqHOiv-hA9fAU&amp;h=AT0kN0xdfXhCwF5CVZbr3IbKE0a4koNsKPkGU7USiKRWw7NghHQUmGIWzmGfnNpEkNWGuRKKXLlOcDhNsX8D-5VskGQXHXUXSHuphUNZJSSOY7ZtHZVf5VWxsKoykIHBcw&amp;__tn__=-UK-R&amp;c[0]=AT1fiYlm7gkBcXXz2aDn0HHfybtU2OIUzWKB6zK8APyA7dUoxJdC4qqgA5Q-pGkFQHxnlAxmCZmIdxwgfjZtDp9PHNfypR9oJaTAenzPArMpaVAKaDtZZu-QV61sTq9rb8bsm-UchW8LBRPzNXTF7RbGI4rhdIQ3Fp3ys8gpCJCcNZchV4vCZ0vitaSkUOf1lzmTjkHV\" target=\"_blank\">https:\/\/economynext.com\/sri-lankas-could-lose-billions&#8230;\/<\/a><\/p>\n\r\n<script><\/script>","protected":false},"excerpt":{"rendered":"<p>Sri Lanka stands to lose hundreds of millions of dollars through a back-door liquefied natural gas (LNG) deal with a US &#8230;<\/p>\n","protected":false},"author":1,"featured_media":5340,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[54,35],"tags":[],"class_list":["post-5339","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-disscussion","category-recent-news"],"_links":{"self":[{"href":"https:\/\/www.cebeu.lk\/index.php?rest_route=\/wp\/v2\/posts\/5339","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cebeu.lk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cebeu.lk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cebeu.lk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cebeu.lk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5339"}],"version-history":[{"count":1,"href":"https:\/\/www.cebeu.lk\/index.php?rest_route=\/wp\/v2\/posts\/5339\/revisions"}],"predecessor-version":[{"id":5341,"href":"https:\/\/www.cebeu.lk\/index.php?rest_route=\/wp\/v2\/posts\/5339\/revisions\/5341"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cebeu.lk\/index.php?rest_route=\/wp\/v2\/media\/5340"}],"wp:attachment":[{"href":"https:\/\/www.cebeu.lk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cebeu.lk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cebeu.lk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}