#Sinopec
Minister disputes NPP MP’s statement on Sinopec deal
A clear division has emerged within the National People’s Power (NPP) over the handling and ownership of the high-profile Sinopec investment, as comments...
Hambantota oil refinery in limbo; deadlock over fuel sales threatens SL’s largest FDI project
Sri Lanka’s largest proposed foreign direct investment, the $3.7 billion Sinopec oil refinery in Hambantota, has come to a standstill amid an unresolved...
Sinopec and Sri Lanka: Strategic investment or a new face of dependency?
By Akshita Malik and Dr. Karamala Areesh Kumar Sri Lanka’s economic downfall in 2022, marked by its first-ever sovereign debt default, cast a...
Sinopec’s mega refinery faces delays in Sri Lanka
The proposed $3.7 million oil refinery to be built by China’s Sinopec in Sri Lanka’s Hambantota port is facing significant delays over multiple...
Sri Lanka signs $3.7 bn oil refinery project with China’s Sinopec
Sinopec has agreed to invest USD 3.7 billion to construct a “state-of-the-art oil refinery” with a capacity of 200,000 barrels in the southern...
