Best Oil, Gas & Energy Lawyers in Sri Lanka

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C. Mathew & Co.
Colombo, Sri Lanka

Founded in 1892
200 people in their team
Sinhala
English
Tamil
About Us & Our History"Necessarily in connection with the shipping of so important a port as Colombo there is a large field for the business of ship chandlers and stevedores ; and Messrs. C. Mathew & Co., the leading local firm in this line, conduct operations on an extensive scale. This...
TRIVE LEGAL ASSOCIATES
Colombo, Sri Lanka

Founded in 2000
50 people in their team
Sinhala
English
Tamil
OverviewRanging from the work of an Instructing Attorney to fully fledged Counsel in the Courts of First Instance, Appellate Courts and any other for a. We also facilitate mediations, arbitrations, negotiations, settlementWe specialize in Company Law, Commercial Law, Intellectual Property, Shipping...
Nithi Murugesu & Associates
Colombo, Sri Lanka

Founded in 1962
200 people in their team
Sinhala
English
Tamil
Nithi   Murugesu   &   Associates   are   a   team   of   experienced   Attorneys-at-Law   and   Patent   & Trademark  Agents  who  specialize  in  all  areas  of  civil  and...
Macon Associates
Colombo, Sri Lanka

Founded in 2000
50 people in their team
Sinhala
English
Tamil
ABOUT MACONSWHO WE AREMacon Associates specialize in providing total corporate and legal solutions to individuals and businesses. We are committed to maintaining integrity and ethical dealings while protecting your interests.Our philosophy is to provide cost-effective and timely solutions, while...
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...
Neelakandan & Neelakandan
Colombo, Sri Lanka

Founded in 1962
200 people in their team
Sinhala
English
Neelakandan & Neelakandan (formerly Murugesu & Neelakandan) is one of the leading and oldest full-service law firms in Sri Lanka and has been in practice for almost 60 years.The Firm was founded in 1962 by the late Mr. Velupillai Murugesu, and built to be recognised as one of the most...
Dhammika Ranasinghe
Colombo, Sri Lanka

Founded in 1995
50 people in their team
Sinhala
English
Tamil
Experienced Partner with a demonstrated history of working in the legal services industry. Skilled in Securities, Corporate Law, Corporate Governance, Legal Research, Compliance and Foreign Investment. Strong entrepreneurship professional with a Attorney At Law of the Supreme Court of 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...
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...
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...
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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.

Lawzana helps you find the best lawyers and law firms in Sri Lanka through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Oil, Gas & Energy, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Sri Lanka - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.