The goal of the Sri Lankan government to be self-sufficient in fuel by the year 2020, though commendable, seems a bit far-fetched. As the writer of the article points out, one of the biggest problems the country faces is increased fuel consumption. Currently, Sri Lanka relies on massive imports of crude oil and other refined petroleum products in order to counter the rising demand, resulting in imbalanced trade. With so much dependency on fuel, having to switch to indigenous fuel resources would mean slowly tapering off the imports of crude oil in order to bring about the swift introduction of its natural replacement.
Although the decision does represent the government’s desire for increased economic growth while not compromising the needs of the public, it is still going to have to tackle this situation with the utmost care.
Colombo, Sri Lanka