Sinopec Challenges India's Energy Influence with New Sri Lanka Refinery
The refinery project in Sri Lanka is a move by the top Chinese and global refiner to secure more markets overseas.
Source: oilprice.com
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The refinery project in Sri Lanka is a move by the top Chinese and global refiner to secure more markets overseas.
Sri Lanka's cabinet has endorsed the awarding of a contract to Sinopec to build a new refinery.
Sri Lanka’s government has approved Sinopec's proposal to build a $4.5bn refining facility, reported Reuters.
Sri Lanka’s energy minister Kanchana Wijesekera said on Monday that China’s Sinopec will be awarded a contract to establish a refinery at Hambantota Port