COLOMBO: Chinese oil major Sinopec expects to start operations in Sri Lanka on Sep 20 and will be allowed to sell fuel for less than the maximum retail price set by the government, Sri Lanka's power minister said on Tuesday (Aug 15). Sinopec's entry into Sri Lanka will help reduce pressure on Sri Lanka's f
First batch of Chinese fuel arrives in Sri Lanka: Energy Minister Wijesekera devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
Sinopec: Under the deal, the Chinese firm will be given a 20-year licence to operate 150 fuel stations as well as set up 50 new fuel stations in Sri Lanka, the statement said.
Get latest articles and stories on World at LatestLY. Chinese energy company Sinopec on Friday signed a deal with the Sri Lankan Board of Investment (BOI) to operate retail fuel stations in the cash-strapped island nation for 20 years. World News | Chinese Fuel Retailer Sinopec Enters Sri Lankan Market.