Events & Happenings Government & Economy Sri Lanka Business News Sri Lanka Latest News

Sinopec’s $3.7 Billion Refinery Project: A Game-Changer for Sri Lanka’s Energy Sector

Colombo, Sri Lanka – September 2025 Sri Lanka is on the brink of a transformative leap in its energy sector, with Chinese energy giant Sinopec preparing to begin construction on a USD 3.7 billion oil refinery project later this year. Alongside this, the government has also confirmed plans for a USD 3 billion expansion of […]

By SLDirectory
Read More
Events & Happenings Government & Economy Local Business Spotlights Sri Lanka Business News Sri Lanka Latest News

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 […]

By SLDirectory
Read More
wpChatIcon
Like us
Follow us
Follow us
Explore us
Follow us
Whatsapp Now

Sign In

Don't have an account yet? Register

Forgot password?

Register

Reset Password

Please enter your username or email address, you will receive a link to create a new password via email.