SITUATION REPORT

Sri Lanka: Government To Fast-Track $3.7B Refinery With China's Sinopec

Jan 22, 2025 | 20:52 GMT

Sri Lanka's foreign minister announced that the country signed an agreement with Chinese state-owned energy giant Sinopec to expedite the development of a proposed $3.7 billion oil refinery in Sri Lanka's southern port city of Hambantota, Reuters reported on Jan. 22....

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