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In May 2023, Sinopec entered the 'Long Term Contract for Importation, Storage, Distribution and Sale of Petroleum Products in Sri Lanka' with Ministry of Power and Energy (MOPE) in Sri Lanka. As per the contract, MOPE shall deliver the license to import, store, supply, distribute, and sell Petroleum Products to Identified Fuel Stations to the new incorporated entity of Sinopec in Sri Lanka.
Jul 15, 2023 · Sinopec Energy Lanka Ltd., yesterday signed an agreement with the Board of Investment (BOI) for a $ 100 million investment in the import, storage, and sale of petroleum in Sri Lanka.
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. They are mainly focusing on petroleum and chemicals, trade, port and industrial park operations, the Chinese Embassy announced.
Sri Lanka Ambassador Dr. Karunasena Kodithuwakku, Deputy Chief of Mission K. Yogannathan and Minister Commercial Alexi Gunasekera recently met with the Executive Director and other officials of Sinopec Fuel Oil in Beijing and proposed to start a Oil Refinery in Hambantota soon that will create more Employment Opportunities to Sri Lanka and also strengthen Sri Lanka’s vision to achieve ...
Sep 26, 2023 · September 26, 2023 03:40 pm. Chinese oil and gas company Sinopec officially launched their retail fuel operations in Sri Lanka at an event held in Colombo on Monday evening (25 Sep.), marking a historic energy partnership and investment. Sinopec is set to operate through 150 fuel stations assigned by the Ceylon Petroleum Corporation (CPC ...
Apr 26, 2023 · Opening Sinopec fuel stations in Sri Lanka : Details. April 26, 2023 at 3:04 PM. A team of officials and technical experts from the Chinese oil and gas enterprise, Sinopec, have visited Sri Lanka to finalize the agreements and commencement of operations for retail fuel sales, Minister of Power and Energy Kanchana Wijesekera said.
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TransLanka and Ariyadasa, the two signature service stations of Sinopec Energy Lanka (Private) Limited, officially started operation in Sri Lanka on June 3. Featured with Sri Lankan languages and elements, streamlined canopy and brand-new fueling island design, the stations offer local customers a refreshing shopping experience with new brands such as Changbaishan mineral water.
