India and Sri Lanka to study feasibility of petroleum pipeline and land bridge

India and Sri Lanka have agreed to study the feasibility of a petroleum pipeline and a land bridge between the two countries. The decision was made during a meeting between Indian Prime Minister Narendra Modi and Sri Lankan President Ranil Wickremesinghe in New Delhi on Friday.

The petroleum pipeline would transport oil from India’s southern coast to Sri Lanka’s eastern coast. The land bridge would connect the two countries across the Palk Strait, which separates Sri Lanka from India’s Tamil Nadu state.

The two leaders said that the projects would boost economic cooperation between India and Sri Lanka and help to improve the connectivity between the two countries.

The petroleum pipeline would be a major infrastructure project for both countries. It would help to reduce Sri Lanka’s dependence on imported oil and provide a more secure source of energy. The land bridge would also be a major infrastructure project. It would help to improve connectivity between India and Sri Lanka and boost trade and tourism between the two countries.

The two leaders said that the feasibility studies would be conducted by experts from both countries. The studies are expected to be completed within a year.

The agreement to study the feasibility of the petroleum pipeline and land bridge is a sign of the growing economic and strategic cooperation between India and Sri Lanka. The two countries are increasingly working together to address common challenges, such as the COVID-19 pandemic and the rise of China.

The agreement is also a sign of India’s growing ambition to become a major player in the Indian Ocean region. India has a long history of engagement with Sri Lanka, and the two countries share close cultural and historical ties.

The petroleum pipeline and land bridge projects would be a major boost for economic cooperation between India and Sri Lanka. They would also help to improve connectivity between the two countries and boost trade and tourism. The projects are a sign of the growing strategic partnership between India and Sri Lanka, and they will help to ensure the security and prosperity of the Indian Ocean region.

Here are some additional details about the two projects:

• The petroleum pipeline would be about 400 kilometers long and would transport up to 1 million barrels of oil per day.
• The land bridge would be about 10 kilometers long and would be built across the Palk Strait.
• The feasibility studies will be conducted by experts from both countries.
• The studies are expected to be completed within a year.

The petroleum pipeline and land bridge projects are ambitious but feasible. They would be a major boost for economic cooperation between India and Sri Lanka and would help to improve connectivity between the two countries. The projects are a sign of the growing strategic partnership between India and Sri Lanka, and they will help to ensure the security and prosperity of the Indian Ocean region.