Uditha Jayasinghewriting News Today

COLOMBO -Sri Lanka on Monday approved a proposal by Chinas Sinopec to build a $4.5 billion refinery, its energy minister said, making it the largest single investment in the island nation since a... -November 27, 2023 at 07:13 am EST - MarketScreener

COLOMBO (Reuters) -Sri Lanka will allow companies from oil-producing countries to import and sell fuel, the power and energy minister said on Tuesday, ending a duopoly as it tries to overcome a shortage of petrol and diesel that is exacerbating an economic crisis.