report in ECONOMYNEXT, Nov 22, 2023 – A agreement for a 5 billion US dollar refinery to be built by China in Sri Lanka’s Hambantota district will be submitted to cabinet for consideration next week, Energy Minister Kanchana Wijesekera said. “We have included in the agenda of the cabinet the awarding of the contract for the Hambantota new oil refinery,” Minister Wijesekera told parliament. “If the cabinet approves, after the agreement is signed, it will…
Posts tagged as “refinery”
By Mehtab Haider in The News, Sept 10, 2023ISLAMABAD: In an effort to attract $25-30 billion in investments from the Kingdom of Saudi Arabia in copper, mineral, refinery and solar projects, Pakistan will need to address three major concerns of Riyadh to materialize multibillion-dollar investments in viable projects. The much-hyped Special Investment Facilitation Council (SIFC), jointly supervised and operated by the military establishment and civilian authorities, has been playing its role in removing stumbling blocks…