Graduate School of Management

The Badulla Project, which
is used as a scenario for investigating Country Risk in Sri Lanka. In order to assess this
subject more realistically the; Political, Technological, Environmental, Economic, Social
Demographic, International and Legal risks have been assessed. In addition, the scenario
has been built drawing on our individual professional experiences and knowledge. This
project started its life as the result of a previous project undertaken by British Petroleum
(BP) on behalf of the Government of Sri Lanka a decade ago. This project involved a
seismic scan of the seabed off the southeast sector of the island (Figure 1). Further to this,
core samples were taken confirming a large quantity of quality crude oil; enough for
projected internal needs as well as satisfying forward export markets such as India and
China.
This project focuses on the next stage, which involved invitations to tender for a Build Own
Operate and Transfer Project. This tender was allocated to a joint venture partnership
consisting of:
• Sri Lanka Oil & Gas Corporation
• Daewoo Ship Building and Marine Engineering Company Ltd (DSME)
• BP Exploration
• India
Four Partners have formed a joint venture in a Build, Own, Operate and Transfer project
(BOOT).
Initially this project required the formation of a joint venture including design proposals for
the most suitable oil installation capable of recovering oil, gas, and condensate and for
the transporting of unrefined crude to a newly constructed refinery near to Hambantota.

Report submitted to President Gotabaya Rajapaksha of Sri Lanka by State Minister  of Renewable Energy, Duminda Dissanayake in September 2020. Report compiled by Dr. Aruna Kulatunga, Dr Vidura Ralapanawe, Eng. Ranjith Sepala and Mr. Sydney Gajanayake.

In the  first presidential contest since ethnic strife erupted into a raging blood-feud, Sri Lanka's two major candidates are both pandering to the logic of the mob and the constituency of the gun. Both oppose the fifteenth-month-old pact with New Delhi under which Indian  peacekeeping troops have trespassed on the sanctity of their blessed isle. Each seems to be in thrall to a chauvinist underground "student" gang that proposes to create a desert and
call it peace. Meanwhile, the Indian Army is stumbling around the com­bat zone of the Tamil northeast like Keystone Kops, shooting the pur­pose of their mission in the foot and alienating the very  people who could preserve the nation. Coverage by Asiaweek's Aruna Kulatunga of the decisive and pivotal Presidential Election of 1988 in Sri Lanka.