Sri Lanka has secured its biggest-ever foreign investment after signing a deal with Chinese state-run oil giant Sinopec, officials said on Thursday. Sinopec has agreed to invest $3.7 billion to ...
Status of mega H’tota project, debt-restructuring explained IMF criteria blocking already approved tax concession for mega ...
Chinese energy giant Sinopec is advancing its global strategy as it seeks to establish its first fully controlled overseas refinery in Sri Lanka, reported Reuters. The company is expected to ...
Sinopec Fuel Oil Lanka (Pvt) Ltd. (SFOL) has announced the introduction of High Sulphur Fuel Oil (HSFO) to the Sri Lankan market for bunkering, a move that is set to transform the country’s ...
Asia Pacificcategory· January 22, 2025 Sri Lanka agrees with China's Sinopec to fast-track $3.7 billion refinery Sri Lanka's foreign minister said on Wednesday that the South Asian island nation ...
Sri Lanka is playing a balancing act as it manages its ties with India and China. It is heavily dependent on the two rival ...