As Sri Lanka Ports Authority (SLPA) Chairman Dr. Parakrama Dissanayake said, a Memorandum of Understanding (MoU) between Sri Lanka, Japan and India on a LNG terminal and Floating Storage Regasification Unit (FSRU) will be signed  next week and the feasibility study will begin soon.

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An underground pipeline will be constructed to pump the gas from the Western container terminal to a facility in Sapugaskanda or Kerawalapitiya, Mr. Dissanayake noted.

This LNG project will be Sri Lanka's first LNG project, and according to sources, it which will import super-cooled natural gas in ships, with construction works expected to take about three years to complete.