Sinopec Hambantota Oil Refinery Delayed Over Local Market Share Dispute - LNW Lanka News Web
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Sinopec Hambantota Oil Refinery Delayed Over Local Market Share Dispute - LNW Lanka News Web
By: Staff Writer June 29, Colombo (LNW): Sri Lanka’s largest ever foreign direct investment — a $3.7 billion oil refinery project in Hambantota by Chinese energy giant Sinopec — is facing delays due to unresolved issues between the government and the investor. The project, which was formalized during President Anura Kumara Dissanayake’s state visit to Beijing earlier this year, remains stalled over key disagreements, notably on the share of refi…
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