News
27 November 2023

Sri Lanka approves Sinopec's $4.5bn refinery proposal

In:
Oil & gas
Region:
Asia-Pacific

Sri Lanka has approved a proposal by China's Sinopec to build a $4.5 billion refinery, making it the largest single investment in the island nation since a crippling economic crisis last year.The cabinet approval cleared the state-owned refiner to finalise project details and sign an agreement...

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