Best Oil, Gas & Energy Lawyers in Sri Lanka

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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...
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...
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...

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...
Shums Associates
Dehiwala-Mount Lavinia, Sri Lanka

Founded in 2001
50 people in their team
Sinhala
English
Tamil
About USWe Serve Since 2001We are a full-service commercial law firm, founded in 2001 to serve as a single-window legal service provider in a dynamic commercial environment. Our clients are our greatest assets and we work hard to meet their expectations. This sense of realization of the...
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 islandโ€™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...
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...
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...
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...
Julius & Creasy
Colombo, Sri Lanka

Founded in 1879
200 people in their team
Sinhala
English
Tamil
Our HistoryWith its near 140 year history Julius & Creasy is one of the oldest law Firms in Sri Lanka, while also being the largest. Its reputation is one that has been built on rich tradition as well as the caliber of professionals passing through its corridors.The beginnings of the...
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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.