Sri Lanka is set to award a multi-billion-dollar oil refinery project to a Chinese state-owned company after a rival bidder pulled out, the energy minister said on Tuesday. Kanchana Wijesekera said the government would shortly enter into an investment agreement with Sinopec to build the refinery next to the Chinese-run port at the southern town of Hambantota.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Russian missile, drone attack in Ukraine kill 19 people

Russia has fired more than 20 cruise missiles and two drones at…

Alibaba group expells employee over sexual assault allegations

Beijing: It was reported on Sunday that Chinese e-commerce giant Alibaba Group…

Supreme Leader Mojtaba Khamenei says ‘enriched uranium must stay in Iran’

Iran’s Supreme Leader has issued a directive that the country’s near-weapons-grade uranium…

Sindh to start issuing licenses to teachers

Sardar Shah, the Minister of Education for Sindh, said on Thursday that…