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Posts tagged as “Oil Lanka”

China’s Sinopec formally enters Lankan fuel market

by Rathindra Kuruwita in The Island, May 23, 2023Sri Lanka yesterday signed a long-term contract with Sinopec Fuel Oil Lanka (Pvt) Ltd., to import, store, distribute, and sell petroleum products, the President’s Media Division (PMD) said. The PMD said the contract was signed at the Presidential Secretariat and that the agreement was reached following the recommendations of a Cabinet-appointed special committee. Sinopec Fuel Oil Lanka is a subsidiary of China Petroleum & Chemical Corporation (Sinopec),…