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Your email address will not be published.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

Adani Ports will no longer operate with Pakistan, Iran, and Afghanistan

On Monday, Adani Ports and Special Economic Zone, India’s largest port operator…

UN says ‘unlawful killings of Palestinians must end’

The UN Office for the High Commissioner for Refugees said initial information…

Death toll from Israel’s war on Gaza rises to 45,338

At least 21 more Palestinians were killed in Israeli attacks in Gaza,…