Best Oil, Gas & Energy Lawyers in Sri Lanka

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Simon & Associates

Simon & Associates

Colombo, Sri Lanka

Founded in 2002
50 people in their team
Sinhala
English
Tamil
Simon & Associates is one of Sri Lanka’s leading legal firms, providing legal counsel and corporate secretarial services to portfolio consisting of local and multinational clients.Led by Simon Senaratna who brings substantial experience in the legal and business sectors, together with Nirosha...
Central Corporate & Consultancy Services - CCCS

Central Corporate & Consultancy Services - CCCS

Colombo, Sri Lanka

Founded in 2000
50 people in their team
Sinhala
English
Tamil
ABOUT CCCSCCCS is the Corporate Secretarial and Investment facilitation arm of Tiruchelvam Associates which is one of the leading law firms in Sri Lanka. The Company services an Impressive portfolio of local and international clientele and has recently completed 25 years of distinction in providing...
Gregory's Partners

Gregory's Partners

Colombo, Sri Lanka

Founded in 1970
200 people in their team
Sinhala
English
Tamil
AboutThe Sri Lankan economy and therefore its legal system has traditionally been influenced by the island’s colonial past. Thus, the legal profession in Sri Lanka was traditionally divided into two fractions based on functionality influenced by a similar divide in the English Legal system.The...
Qanunie Consultants

Qanunie Consultants

Colombo, Sri Lanka

Founded in 2021
4 people in their team
English
Sinhala
Who We Are: Qanunie Consultants offer a multitude of legal services covering a wide scope ranging from legal consultancy, contracts management, company secretarial, conveyancing to civil and corporate litigation as well as HRM and business administration. Comprising a team of highly qualified...
DIMEAN LAW CHAMBERS

DIMEAN LAW CHAMBERS

Colombo, Sri Lanka

Founded in 2000
50 people in their team
Sinhala
English
Tamil
DIMEAN is a premier law firm based in Colombo, Sri Lanka. We aim to provide a personalized service tailored to the specific requirements of our clients. Our attorneys aim to provide innovative legal solutions in various disciplines.DIMEAN is established by a blend of young...
Riktha Legal Services

Riktha Legal Services

Nugegoda, Sri Lanka

Founded in 2015
50 people in their team
Sinhala
English
Tamil
Why Choose Our FirmKnowledgeable, Experienced And Efficient Team Of Lawyers Consisting Of Subject Matter ExpertsDedicated Client Servicing ArmAn Operation Based On Corporate Best PracticesTailor Made Pragmatic Solutions For Your Legal Requirements With Quick TurnaroundsDedicated Arm To Carryout...
SSKM Attorneys

SSKM Attorneys

15 minutes Free Consultation
Colombo, Sri Lanka

Founded in 2012
15 people in their team
Sinhala
Tamil
English
SSKM Attorneys was established with the goal of delivering a modern and responsive service for a changing world. The law firm is led by a team of highly qualified, versatile lawyers with extensive knowledge and multidisciplinary experience in both international and local contexts.By working with...
Paul Ratnayeke Associates

Paul Ratnayeke Associates

Colombo, Sri Lanka

Founded in 1987
50 people in their team
Sinhala
Tamil
English
Paul Ratnayeke AssociatesPaul Ratnayeke Associates was founded in 1987 by its Senior Partner, Mr. J. H. Paul Ratnayeke to create a more focused, efficient and responsive practice in the fields of Corporate, Commercial, Litigation and Financial law.The firm ensures that all clients’ legal needs...
PK Law Chamber -Prasanna Karunasekara Attorneys at Law

PK Law Chamber -Prasanna Karunasekara Attorneys at Law

Kiribathgoda, Sri Lanka

Founded in 2000
50 people in their team
Sinhala
English
Tamil
About UsPrasanna Karunasekara Law Chamber (PK Law Chamber) is a Law Chamber working with a team of highly skilled law partitioners. The rapidity with which, Prasanna Karunasekara Law Chambers (PK Law Chambers) has reached its goals, while offering a broad range of practice areas, we take pride in...
Continental Law AssocIates

Continental Law AssocIates

Colombo, Sri Lanka

Founded in 2000
50 people in their team
Sinhala
English
Tamil
ABOUT USEstablished in the year 2000, we take pride in our nearly two decades long legal practice providing feasible solutions to the legal needs of clients in a multitude of areas. The firm has had hands on experience, specializing in Commercial Law, Local and International Arbitration, Civil Law...
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About Oil, Gas & Energy Law in Sri Lanka:

Sri Lanka has been exploring its potential for oil and gas reserves in recent years, making the energy sector a key focus for development in the country. The laws governing oil, gas, and energy in Sri Lanka are complex and specialized, requiring expert legal guidance to navigate effectively.

Why You May Need a Lawyer:

You may need a lawyer specializing in oil, gas, and energy law in Sri Lanka if you are involved in negotiating contracts, obtaining licenses, resolving disputes, or dealing with regulatory compliance issues. A lawyer can help protect your interests and ensure that you are in compliance with the relevant laws and regulations.

Local Laws Overview:

In Sri Lanka, the main laws regulating the oil, gas, and energy sector include the Petroleum Resources Act, the Petroleum Development Act, and various regulations issued by the Ministry of Petroleum Resources Development. These laws govern exploration, production, transportation, and sale of oil and gas resources in the country.

Frequently Asked Questions:

1. What are the key regulatory bodies overseeing the oil, gas, and energy sector in Sri Lanka?

The key regulatory bodies in Sri Lanka include the Ministry of Petroleum Resources Development, the Petroleum Resources Development Secretariat, and the Ceylon Petroleum Corporation.

2. How can I obtain a license to explore or produce oil and gas in Sri Lanka?

To obtain a license, you must comply with the requirements set out in the relevant laws and regulations, including submitting an application to the Ministry of Petroleum Resources Development and meeting certain financial and technical criteria.

3. What are the environmental regulations that companies operating in the oil, gas, and energy sector must abide by in Sri Lanka?

Companies must comply with the provisions of the National Environmental Act and obtain environmental approvals from the Central Environmental Authority before commencing any activities that may have an impact on the environment.

4. What are the tax implications for companies operating in the oil, gas, and energy sector in Sri Lanka?

Companies are subject to corporate income tax, petroleum resource rent tax, and other taxes depending on their activities in the sector. It is advisable to seek specialized tax advice to ensure compliance with tax regulations.

5. How can I protect my intellectual property rights in the oil, gas, and energy sector in Sri Lanka?

You can protect your intellectual property rights by registering patents, trademarks, and copyrights with the relevant authorities in Sri Lanka. A lawyer can advise you on the best strategies to protect your intellectual property.

6. What are the common types of contracts used in the oil, gas, and energy sector in Sri Lanka?

Common types of contracts include exploration and production agreements, joint venture agreements, production-sharing agreements, and service contracts. Each type of contract has specific legal requirements and implications.

7. How can I resolve disputes related to oil, gas, and energy contracts in Sri Lanka?

Disputes can be resolved through negotiation, mediation, arbitration, or litigation. It is advisable to have a lawyer review your contracts and advise you on the best course of action in case of a dispute.

8. What are the social and community obligations of companies in the oil, gas, and energy sector in Sri Lanka?

Companies are required to engage with local communities, respect human rights, and contribute to the sustainable development of the areas where they operate. Failure to meet these obligations can result in legal and reputational risks.

9. How can I stay updated on the latest developments in the oil, gas, and energy sector in Sri Lanka?

You can stay updated by following industry news, attending conferences and seminars, and networking with professionals in the sector. Joining industry associations and subscribing to relevant publications can also help you stay informed.

10. What are the potential opportunities and challenges for investors in the oil, gas, and energy sector in Sri Lanka?

Potential opportunities include untapped oil and gas reserves, growing energy demand, and government incentives for investment. Challenges include regulatory uncertainty, environmental concerns, and political risks that investors need to consider.

Additional Resources:

For further information and assistance regarding oil, gas, and energy law in Sri Lanka, you can contact the Ministry of Petroleum Resources Development, the Petroleum Resources Development Secretariat, or seek guidance from legal professionals specializing in the sector.

Next Steps:

If you require legal assistance in the oil, gas, and energy sector in Sri Lanka, it is advisable to consult with a lawyer who has expertise in this specialized area of law. A lawyer can help you navigate the complex legal landscape, protect your interests, and ensure compliance with the relevant laws and regulations.

Disclaimer:
The information provided on this page is intended for informational purposes only and should not be construed as legal advice. While we strive to present accurate and up-to-date information, we cannot guarantee the accuracy, completeness, or currentness of the content. Laws and regulations can change frequently, and interpretations of the law can vary. Therefore, you should consult with qualified legal professionals for specific advice tailored to your situation. We disclaim all liability for actions you take or fail to take based on any content on this page. If you find any information to be incorrect or outdated, please contact us, and we will make efforts to rectify it.