Market Chatter: Sinopec to Expedite Construction of $3.7 Billion Sri Lanka Oil Refinery

MT Newswires Live

2025/01/23

China Petroleum & Chemical Corp. or Sinopec (SHA:600028, HKG:0386) signed an agreement with Sri Lanka's government to expedite the construction of a $3.7 billion oil refinery in Hambantota, a port in the southern part of the country.

Both Sinopec and the Sri Lankan government will decide together on the share of refined fuel from the refinery, Reuters reported Wednesday, citing Foreign Minister Vijitha Herath.

Herath did not disclose the capacity of the planned refinery.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0140636845.USD","symbol_name":"施罗德大中华区股票A Acc","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2505061532","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2505061532","pubTimestamp":1737623537,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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