SINOPEC to invest in new oil refinery in Hambantota

Date:

By: Isuru Parakrama

Colombo (LNW): The Chinese energy solution SINOPEC recently joined hands with the government of Sri Lanka will invest in the proposed oil refinery to be established in Hambantota, announced Power and Energy Minister Kanchana Wijesekara, speaking to reporters yesterday (03).

The project proposal in this regard will be submitted within next week, Wijesekara told media, after attending a meeting with the local distributors of SINOPEC and the representatives of the SINOPEC Refinery yesterday.

Share post:

spot_imgspot_img

Popular

More like this
Related

Revenue Surge to Stall in 2026 as Vehicle Imports Decline

Sri Lanka’s fiscal outlook for 2026 appears to be...

BOC Reboots Digital Future with New IT Solutions Arm

In a strategic move to accelerate its digital transformation,...

Pipeline Promise or Policy Mirage? Sri Lanka’s Risky Irrigation Gamble

In a bold but contentious move, the Sri Lankan...

Tea Research Institute Marks 100 Years of Innovation and Growth

The Tea Research Institute of Sri Lanka (TRI), the...