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SINOPEC INVESTMENT HAMBANTOTA
India is making a big move to outflank China in Sri LankaIndia and China appear to be locked in an escalating energy rivalry in Sri Lanka. India plans a new energy hub at Trincomalee with the UAE,...- Sri Lanka: Sinopec seeks govt support to expedite USD 3.7 bn oil refinery constructionChinese energy giant Sinopec has requested Sri Lankan government assistance to accelerate the construction of a USD 3.7 billion oil refiner...
- China woos Sri Lanka with FTA and business dealsChina and Sri Lanka are discussing a free trade agreement. A Chinese delegation will attend a trade and investment forum in Colombo. They w...
- PM Modi aims for stronger energy, defence ties with Sri Lanka visitPrime Minister Modi is set to visit Sri Lanka to fortify energy, defence, and economic ties, with plans to sign agreements in key sectors. ...
- China's new deal with Sri Lanka: Should it worry India?Sri Lanka will receive its largest FDI from China with a $3.7 billion investment in an oil refinery under China's BRI. Sinopec's refinery d...
- China offers to invest $3.7 bn in oil refinery in Sri Lanka as Dissanayake pitches for more Chinese investmentsChina has pledged a significant investment of USD 3.7 billion to construct a state-of-the-art oil refinery in Sri Lanka, marking the larges...
- China set to build new Sri Lanka refinery, says ministerSri Lanka is set to award a multi-billion dollar oil refinery project to a Chinese state-owned company after a rival bidder pulled out, the...
- View: China can no longer take Sri Lanka for grantedSince the early 2000s, China's debt profile in Sri Lanka has increased rapidly, with estimates indicating that over 20% of the overall debt...
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