Sinopec to commence work on refinery project by June

Minister of Power and Energy – Kanchana Wijesekera has stated that officials of the Sinopec Overseas Investment Holding Pvt Ltd (SOIHL), led by their vice President, had visited the ministry yesterday (March 27).
Tweeting, the minister added that the delegation updated on the progress of the negotiations with stakeholders for the construction of the proposed new refinery in Hambantota.
Noting that the officials indicated that the management of Sinopec has decided to double the capacity of the refinery from the original proposal and the Investment, he added that they intend to sign the agreements for the project and commence work by June 2024.
Discussions regarding the water supply, power supply, land allocation & BOI facilities will take place today with the relevant authorities, the Minister further noted.
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by Sunil Thenabadu
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