Petroleum Development Authority of Sri Lanka
Overview
The Petroleum Development Authority of Sri Lanka (PDASL) is Sri Lanka’s independent government body, established under the Petroleum Resources Act, No. 21 of 2021, responsible for regulating and promoting all upstream oil and gas (exploration, development, production) activities, ensuring international best practices, fostering energy security, and attracting investment in the country’s petroleum sector, succeeding the Petroleum Resources Development Secretariat (PRDS).
Founded Year
2021
Ownership Type
Government-Owned / State-Owned Enterprise
Business Model
B2C (Business to Consumer)
Time Zone
+5.30
Mission
Ensuring energy security for present and future generations by efficiently and transparently regulating and managing the nation's oil and gas resources.
Vision
To develop a vibrant oil and gas industry in Sri Lanka, managing resources equitably, profitably, and environmentally responsibly.
Core Values
Competitiveness: Market leadership through procurement and supply. Sustainability: Financial, social, and environmental responsibility for long-term gains. Continuous Improvement: Growth through process and people enhancement. Integrity: Reliable actions serving the corporation's best interest. Public Focus: Supporting national growth.
Company Tagline
A distinct, catchy tagline wasn't explicitly listed in the top results, but themes of "Energy Security" and "Powering Progress" are central to their mission.
Head Office Country
Sri Lanka