The much celebrated discovery of natural gas in the Mannar basin may turn out to be a damp squib.
The Daily Mirror reported that one of the wells discovered recently has been assessed and proven to be inadequate for extraction.
Cairn Lanka is said to have communicated to the government that of the three wells offered to the subsidiary of Cairn International, two hold unusable gas reserves.
See our previous articles:
Second gas well discovered in Mannar basin (15 Nov 2011)
Natural gas found in Mannar basin (3 Oct 2011)
Speculations as drilling begins in Mannar (17 Aug 2011)