Wednesday, April 9, 2014
about
The Madras High Court on Tuesday said the general secretary of Thamizh  Thesiya Viduthalai Iyakkam, K.Thiagarajan, could choose either Chepauk  or Valluvar Kottam to go on a fast in support of his demands, which  included expelling Sri Lanka from the Commonwealth.  Justice K.K.Sasidharan agreed with the city police’s contention that if  the fast is permitted on the Marina, as sought for by Mr.Thiagarajan, it  would cause traffic problems. The beach attracted several tourists and  the functioning of various offices such as Madras University and  Secretariat would be affected in case traffic comes to a standstill on  the artery. Therefore, it is not possible to permit the petitioner to  undertake a fast on the Marina. The petitioner should be given liberty  to choose an alternative location either opposite the State Guest House  at Chepauk or Valluvar Kottam.  Mr.Thiagarajan sought to quash an order of the Chennai Police of  September 19 denying him permission to go on an indefinite fast on the  Marina from October 1 to press his demands, including that the CHOGM  meeting should not be held in Colombo, and if it is held in the Sri  Lankan capital, the Prime Minister, Manmohan Singh, should not attend  it.  Mr.Justice Sasidharan said there was no dispute that the police had a  duty to maintain law and order, but while rejecting the request for  permission, the police should indicate briefly the reasons for doing so.  The State having allowed similar form of protests earlier could not  take a different yardstick now. The police had enough power to impose  reasonable restrictions to ensure the safety and convenience of the  people at large. It appears to have taken a policy decision to ban  public meetings and other agitations, fearing possible law and order  problem. Each case should be decided by police considering the peculiar  factual situation.  nuwan1           nuwan2     nuwan3      However, the decision should not be arbitrary. Setting aside the  impugned order, Mr.Justice Sasidharan issued a set of directions which  included that the petitioner should give an undertaking that he would  not initiate violence while organising meetings in connection with the  fast. The petitioner should inform the police about the selection of  location. Sri Lanka hopes to join the natural gas producing nations' club soon,  after initiating talks with Cairn India on a sales agreement, which,  once finalized, will lead to production from the company's offshore  blocks, Saliya Wickramasuriya, Director General of the Petroleum  Resources Development Secretariat, said.  "We would like to be able to finalize an agreement [with Cairn India]  within this year," he said in an interview with Platts. Com.  "If talks with Cairn succeed and a price of mutual agreement is reached,  we are looking at production around 2017-2018," he said in an interview  on the sidelines of the 19th Asia Oil Week upstream conference in  Singapore.  Cairn India has made two gas discoveries -- Dorado and Barracuda - in  the block so far.  "This is a sub-Tcf discovery ... It is marginal and  the only way we can make it commercial is by matching the need to the  capacity," Wickramasuriya said, referring to the size of Cairn's two  discoveries.  The gas will be supplied to Ceylon Electricity Board's power plants,  which currently run on imported fuel and gasoil.  Wickramasuriya said the price will be project specific and he expects it  to be "high" given that this is the first gas project off the shores of  Sri Lanka.  "It will be a floating price agreed mutually between the government and  Cairn on the basis of their cost of production and the cost benefit to  us of import substitution," he said, adding that it would be somewhere  between Cairn's "lift cost and our import cost."  Sri Lanka is also in talks with two majors, one of which is France's  Total, on joint study agreements for the country's ultra-deepwater  blocks, Wickramasuriya said.  Sri Lanka in August invited bids from international oil and gas  companies to explore six ultra-deepwater blocks not in the current - its  second -- licensing round.  Sri Lanka launched the second upstream licensing round in March,  offering 13 blocks in the Cauvery and Mannar basins.  The blocks will be awarded on a joint-study basis and be determined  according to experience and capability as well the company's plans.  Under the joint-study agreement, the winning company will be required to  gather data, process and interpret it for two years, and then discuss  potential next steps with the Petroleum Resources Development Committee.  "The benefit to us from making these six ultra-deepwater blocks  available ... is that it will give us a parallel pipeline of activity  [alongside the blocks offered in the licensing round," Wickramasuriya  said.  "One of the things that we have learned is that in order to bring prices  down and lift competitiveness, we have to increase activity. We have to  open up different avenues," he said, adding that a JSA for  ultra-deepwater blocks is one such avenue.  The country has almost finalized a new petroleum licensing bill and will  be implementing it before the end of this year, Wickramasuriya said.  The new act incorporates changes recommended by a study conducted by the  Petroleum Resources Unit together with consultant IHS.  "The study took six months and was very exhaustive," he said. Under the  new act, Sri Lanka will simplify the pre-qualification process; make it  easier for people to purchase Sri Lankan data; make bid evaluations  faster; and will have new, more investor friendly fiscal terms.  Blocks awarded under the current licensing round will follow the new  petroleum act.  The bid deadline for the 13 blocks offered in the Cauvery and Mannar  basins in the second licensing round is in late November and the country  expects to award contracts by the end of the first quarter of 2014.  Sri Lanka held its first licensing round in 2007, in which three blocks  were offered, but only one awarded -- block SL 2007-01-001 in the Mannar  Basin to Cairn India. (PRIU)
 

 
.png)
.png)
 
 
 
