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1. www.reuters.com › markets › commoditiesSri Lanka minister says Sinopec to start work on refinery by ...

   www.reuters.com › markets › commodities

   Mar 28, 2024 · COLOMBO, March 28 (Reuters) - The world's largest refiner, China's Sinopec (600028.SS), plans to start work on a refinery in Sri Lanka by June, the power minister said on Thursday, advancing...

2. www.sundaytimes.lk › online › news-onlineChina’s Sinopec Group team now in Sri Lanka eying CPC ...

   www.sundaytimes.lk › online › news-online

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   Oct 18, 2024 · Top delegations from the China’s Sinopec Group (ranking fifth in the Fortune Global 500 list of 2022) and the China Merchants Group (152nd) are now in Sri Lanka looking for further investments in the island.

3. www.channelnewsasia.com › business › sri-lankaSri Lanka approves Sinopec's $4.5 billion refinery proposal

   www.channelnewsasia.com › business › sri-lanka

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   Nov 27, 2023 · COLOMBO :Sri Lanka on Monday approved a proposal by China's Sinopec to build a $4.5 billion refinery, its energy minister said, making it the largest single investment in the island nation...

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5. mfa.gov.lk › chinese-petro-chemical-giant-sinopecChinese Petro Chemical Giant Sinopec Oil Invest in Sri Lanka ...

   mfa.gov.lk › chinese-petro-chemical-giant-sinopec

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   Chinese Petro Chemical Giant Sinopec Oil Invest in Sri Lanka in Bunkering and Intends to Expand into an Oil Refinery in Hambantota. Sinopec Group is the largest oil and petrochemical products suppliers and the second largest oil and gas producer in China, the largest refining company and the third largest chemical company in the world has ...

6. energyasia.com › sri-lanka-sinopec-to-add-us4-5SRI LANKA: Sinopec to add US$4.5 billion refinery to ...

   energyasia.com › sri-lanka-sinopec-to-add-us4-5

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   Feb 29, 2024 · According to Sri Lanka’s Sunday Times, Sinopec has agreed to set aside 20% of the plant’s products output for the country’s domestic consumption. The company’s subsidiary, Sinopec Fuel Oil, is the operator of Hambantota’s 140,000-cubic metre storage terminal to support the port’s bunker and LPG supply services.

7. energynews.oedigital.com › fossil-fuels › 2024/05/28Sri Lanka minister says Sinopec to start deal with refinery ...

   energynews.oedigital.com › fossil-fuels › 2024/05/28

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   May 28, 2024 · The world's biggest refiner, China's Sinopec, plans to begin deal with a. refinery in Sri Lanka by June, the power minister said on. Thursday, advancing a job allocated as the biggest. investment in the crisishit island country.

8. People also ask

   Will Sinopec build a refinery in Sri Lanka?

   • The world's largest refiner, China's Sinopec , plans to start work on a refinery in Sri Lanka by June, the power minister said on Thursday, advancing a project earmarked as the biggest investment in the crisis-hit island nation.

   Sri Lanka minister says Sinopec to start work on refinery by June

   www.reuters.com/markets/commodities/sri-lanka-minister-says-sinopec-start-work-refinery-by-june-2024-03-28/

   See all results for this question

   Who is Sinopec Group?

   • Sinopec Group is the largest oil and petrochemical products suppliers and the second largest oil and gas producer in China, the largest refining company and the third largest chemical company in the world has incorporated a company in Sri Lanka, Sinopec Fuel Oil Lanka (Private) Ltd.

   Chinese Petro Chemical Giant Sinopec Oil Invest in Sri Lanka in Bunkerin…

   mfa.gov.lk/chinese-petro-chemical-giant-sinopec-oil-invest-in-sri-lanka-in-bunkering-and-intends-to-expand-into-an-oil-refinery-in-hambantota/

   See all results for this question

   Did Sinopec invest in Sri Lanka?

   • This was revealed by the Sinopec Company’s Executive Director Li Zurong when his delegation met Sri Lankan Ambassador Dr. Karunasena Kodituwakku to discuss company’s investment in Sri Lanka. Sinopec Fuel Oil Sales Co., Ltd. (SFO) is a Sinopec Group wholly-owned subsidiary which integrates fuel oil sales business.

   Chinese Petro Chemical Giant Sinopec Oil Invest in Sri Lanka in Bunkerin…

   mfa.gov.lk/chinese-petro-chemical-giant-sinopec-oil-invest-in-sri-lanka-in-bunkering-and-intends-to-expand-into-an-oil-refinery-in-hambantota/

   See all results for this question

   Will Sinopec invest in an oil refinery in Hambantota?

   • Moreover this company intends to invest in an Oil Refinery also in Hambantota. This was revealed by the Sinopec Company’s Executive Director Li Zurong when his delegation met Sri Lankan Ambassador Dr. Karunasena Kodituwakku to discuss company’s investment in Sri Lanka.

   Chinese Petro Chemical Giant Sinopec Oil Invest in Sri Lanka in Bunkerin…

   mfa.gov.lk/chinese-petro-chemical-giant-sinopec-oil-invest-in-sri-lanka-in-bunkering-and-intends-to-expand-into-an-oil-refinery-in-hambantota/

   See all results for this question

   Will Sinopec double its capacity in Colombo?

   • Officials of Sinopec Overseas Investment Holding are visiting Colombo for talks with Sri Lankan authorities. "The officials indicated that the management of Sinopec has decided to double the capacity of the refinery from the original proposal," the minister, Kanchana Wijesekera, wrote on social media platform X.

   Sri Lanka minister says Sinopec to start work on refinery by June

   www.reuters.com/markets/commodities/sri-lanka-minister-says-sinopec-start-work-refinery-by-june-2024-03-28/

   See all results for this question

   Why did Sinopec invest in petrochemicals?

   • The investment by Sinopec, one of the largest producers of petrochemicals, is part of an effort to expand beyond China, in which it has acquired refinery assets in Saudi Arabia and petrochemicals production in Russia. Iran built Sri Lanka's only refinery at Sapugaskanda in the western region in 1969. It can process 38,000 barrels of crude a day.

   Sri Lanka minister says Sinopec to start work on refinery by June

   www.reuters.com/markets/commodities/sri-lanka-minister-says-sinopec-start-work-refinery-by-june-2024-03-28/

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9. www.newswire.lk › 2023/11/27 › sri-lanka-approvesSri Lanka approves Sinopec’s $4.5 billion refinery proposal

   www.newswire.lk › 2023/11/27 › sri-lanka-approves

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   Nov 27, 2023 · Sri Lanka 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. “Cabinet approval has been granted today to award the contract to China Petroleum & Chemical Corporation (SINOPEC) of China, to enter into an agreement ...