Sinopec to build US$3.7 Billion oil refinery in Sri Lanka’s Hambantota
Sri Lanka has signed an agreement with Sinopec, the Chinese international petroleum corporation, to construct a US$3.7 billion oil refinery in Hambantota, as Anura Kumara Dissanayake continued his visit to Beijing today.
The facility, with a processing capacity of 200,000 barrels per day, will primarily serve export markets, enhancing the country’s foreign exchange earnings, according to Minister of Transport, Highways, Ports, and Civil Aviation Bimal Rathnayake.

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