As China refines its strategy on the Indian Ocean island, it is posing a significant challenge to Japan’s long-held influence ...

BEIJING: Sri Lanka has secured its biggest-ever foreign investment after signing a deal with Chinese state-run oil giant Sinopec, officials said on Thursday. Sinopec has agreed to invest $3.7 bill ...

This significant achievement was formalized this morning (16) with the signing of an agreement between Sri Lanka’s Ministry of Energy and Sinopec, a leading Chinese international petroleum ...

Sri Lanka’s Ministry of Power and Energy and China’s Sinopec Corporation have signed an agreement to build an oil refinery in Hambantota with an investment of USD 3.7 billion. The agreement was signed ...

This landmark deal was formalized with the signing of an agreement between Sri Lanka’s Ministry of Energy and Sinopec, a leading Chinese international petroleum corporation. The $3.7 billion ...

This landmark deal was formalized with the signing of an agreement between Sri Lanka’s Ministry of Energy and Sinopec, a leading Chinese international petroleum corporation. The $3.7 billion ...

ECONOMYNEXT – Sri Lanka has signed an agreement with Sinopec, which will see the Chinese international petroleum corporation invest 3.7 billion dollars in a state-of-the-art oil refinery with a ...

Sri Lanka's Ministry of Energy and Sinopec signed an agreement for $3.7 billion investment to construct an oil refinery with a capacity of 200,000 barrels in the Hambantota region. Under this $3.7 ...