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Your email address will not be published.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

Australia cancels Novak Djokovic’s visa, prepares to deport him

After attempting to go to Australia without a particular corona vaccine, world…

Two Palestinians killed in last 24 hours in Israeli strikes: Gaza Health Ministry

The Palestinian Health Ministry says two people have been killed in the…

Saudi Arabia praises Portugal’s plan to recognize Palestinian state

Saudi Arabia has welcomed Portugal’s announcement that it is moving towards recognising…