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  1. Sep 22, 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.

  2. Mar 13, 2023 · China’s SINOPEC to invest in Sri Lankas oil market. During a discussion with the representatives of the Sinopec Group held at the Presidential Secretariat on Monday (13), President Ranil Wickremesinghe said that the government has taken a principled decision to expand the distribution of fuel which is expected to commence shortly.

  3. Sep 25, 2023 · The China based Sinopec Fuel Oil Sales Company Ltd, which have become a major player in local fuel retail market will enter the local oil refining market in October this year, Minister of Power...

  4. Sep 1, 2023 · Sinopec Lanka has been granted a 20-year license to operate 150 fuel stations. The company plans to progressively hand over all 150 filling stations to its management before October.

  5. 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.

  6. Apr 26, 2023 · 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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  8. Aug 31, 2023 · Under the signing of the Long Term Contract of Importation, Storage, Distribution, and Sale of Petroleum Products in Sri Lanka with the Ministry of Power and Energy on May, Sinopec has been...

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