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Hambantota Refinery: Sinopec’s $3.7 Billion Push for Energy Independence

Sri Lanka is preparing for one of the largest-ever foreign direct investments in its history, with China’s Sinopec Group moving forward on a US$3.7 billion oil refinery project in Hambantota. This mega-project comes at a time when Sri Lanka is seeking to secure energy independence and reduce reliance on volatile global fuel markets. Project Scope […]

September 17, 2025

By SLDirectory

Sri Lanka Secures Thrilling 4-Wicket Victory Over Hong Kong in Asia Cup 2025

In a tense and captivating encounter at the Dubai International Cricket Stadium, Sri Lanka emerged victorious over Hong Kong by 4 wickets in the Asia Cup 2025 on 15th September 2025. This win marks Sri Lanka’s second consecutive victory in the tournament, reinforcing their strong position in Group B. Match Overview Hong Kong set a […]

September 16, 2025

By SLDirectory

$3.7 Billion Hambantota Refinery: What It Means for Sri Lanka’s Energy Independence

Sri Lanka is set to embark on a transformative energy project as China’s Sinopec prepares to commence construction of a $3.7 billion oil refinery near the Hambantota Port. Scheduled to begin operations in 2025, this state-of-the-art facility aims to process 200,000 barrels of crude oil daily, significantly enhancing Sri Lanka’s refining capacity and reducing its […]

September 16, 2025

By SLDirectory

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