As another milestone of monthly ‘Katha-Baha’ session organized by Department of Chemical and Process Engineering (DCPE), University of Moratuwa, a public seminar on upstream oil and gas exploration and production industry under the topic ‘Oil and Gas Industry Value Chain – Big Picture, Why LNG?’ was held on 7 February in department seminar room. Demand for energy is rapidly increasing in each day and there is an essential need of clean, affordable and secure way to satisfy increasing energy demand. Nalin Gunasekara, who has spent more than 37 years in oil and gas industry was the speaker of the session. He is specialized in monetising challenging offshore fields across numerous jurisdictions globally and currently reside in Perth, Australia. The audience consisted of academic staff members of DECP and Electrical Engineering and students of the university and the talk was started with an insight on oil business – a high risk, high reward business. The realistic status of the industry was discussed giving the uncertain trajectory the industry faces, along with the associated aspects with regard to energy/power production-being the current global focus. More importantly, it was highlighted that there is an interesting tussle going on in the process to bring LNG to Sri Lanka.
