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Delay in Sinopec refinery project : New assurance

Vice Chairman of China’s Sinopec Group, Lv Lianggong, assured Sri Lanka’s Minister of Foreign Affairs, Vijitha Herath, that construction of the new oil refinery in Hambantota will begin without delay. The pledge came during a meeting held at the ministry in Colombo today. The proposed project, estimated at USD 3.7 billion, is expected to produce up to 200,000 barrels per day once operational. Lv Lianggong led a 10-member delegation to discuss the project’s progress and unresolved issues related to its implementation. Lv Lianggong said support from Minister Herath had helped resolve many long-standing challenges. As a result, the project agreement…

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