Mar 24, 2019· Oman's oil minister Mohammed bin Hamad Al Rumhy said on Sunday he was excited to be part of a Sri Lanka oil refinery project in a sign that plans for the sultanate's involvement may be .
Sri Lanka's Hambantota Port is engaged in a development programme and the proposed oil refinery would be definite boost for operations of the port. The port already has an industrial zone in the premises, which provides an ideal business space for companies engaged in exports and logistics.
COLOMBO, Sri Lanka (AP) — Work began Sunday on a billion oil refinery to be funded by a SingaporeOman joint venture next to a Chineserun port in what will be Sri Lanka's largest foreign ...
Oct 04, 2019· Sri Lanka has approved a 20 billion investment proposal from Singaporebased Sugih Energy International, the former overseas trading arm of Indonesia's PT Sugih Energy Tbk, to build a megarefinery in Hambantota. "The Cabinet gave approval for a refinery .
Mar 25, 2019· HAMBANTOTA, Sri Lanka: Oman's oil minister said on Sunday he was excited to be part of a Sri Lanka oil refinery project in a sign that plans for the sultanate's involvement may be back on track. Sri Lanka said last week that Oman Oil Co had made clear it was interested in taking a 30 percent stake in the new refinery on Sri Lanka's south coast.
Mar 21, 2019· The Sri Lankan government said that governmentcontrolled Oman Oil Co made it clear that it is interested in taking a 30 percent stake in a new oil refinery project on Sri Lanka's south coast. The Oman oil ministry on Wednesday denied that it had .
Mar 19, 2019· India's Accord Group and Oman's Ministry of Oil and Gas have signed a billion deal to build an oil refinery in Sri Lanka, the biggest single pledge of foreign direct investment ever made
Read more about IndianOil to set up refinery in Sri Lanka for Rs 20,000 cr on Business Standard. Indian Oil Corporation (IOC) will set up its first refinery outside India with an investment of up to Rs 20,000 crore in Sri Lanka. It will thus become the second Indian company to have a refinery abroad.
The largest refining company and the third largest chemical company in China also intends to invest in an Oil Refinery in Hambantota, Sinopec's Executive Director Li Zurong disclosed when he met With Sri Lankan Ambassador in Beijing Dr. Karunasena Kodituwakku to discuss the company's investment in Sri Lanka.
Mar 23, 2019· A high level Indian connection in Sri Lanka, Hambantota oil refinery deal came to light following the denial of much hyped investor along with the Singaporean company in their involvement of the transaction. Singapore Company has links to Indian business interest, informed government sources confirmed without commenting on the Oman's denial ...
Oct 06, 2019· Noting that Sri Lanka can be proud of its FDI achievements, which are now picking up, he said between 1978 and 2018, the FDI inflows to Sri Lanka were billion, and of that 35% of it came in the last four years. "Onethird of the total FDI since liberalisation of our economy has come in during just the past four years.
Sep 22, 2017· Sri Lanka is in talks with two Chinese companies about investing up to 3 billion to build in a new refinery at its Chinesecontrolled port, a top government official said on Friday.
Expansion of refinery capacity in Sri Lanka necessary: Focus on oil: By Imal Desa: The upgrading of the Marine Fuel (bunker) business in Sri Lanka from the present level of approximately 25,000 to 30,000 MT per month volume utilizing the sole (small) common user facility at Colombo to that of a key regional maritime hub offering a range of services including Marine Fuel at a price that is ...
FR challenging takeover of SLRC: order fixed for Monday The Official Government News Portal of Sri Lanka (Press Release) 06:21 31Oct19. Getting priorities right for Sri Lanka post 2020 Sri Lanka Daily Mirror 05:54 31Oct19. Misconception of tea auction and export prices Sri Lanka .
Mar 24, 2019· Colombo (News 1st): Construction of the Hambantota Mirrijiwela Oil Refinery and cement factory, dubbed as the largest investment in Sri Lanka began today .
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He explained the BOI process followed in granting approval for the Hambantota oil refinery project thus: "On November 10, 2016, this foreign investor, submitted the application to the Sri Lanka Board of Investment and the Letter of Approval was issued on November 16, 2016.
An agreement to build a proposed billion oil refinery in Sri Lanka will take at least a year to be finalized as its main investor, India's Accord Group, says it is yet to recruit partners and conduct an assessment of the plan's viability.
Mar 22, 2019· COLOMBO: The Sri Lankan government said on Thursday that Oman's governmentcontrolled Oman Oil Co has made clear that it is interested in taking a 30 per cent stake in a new oil refinery project on Sri Lanka's south coast. The Oman oil ministry on Wednesday denied that it had agreed to acquire the stake, saying it knew nothing about the investment that was announced by Sri Lanka.
COLOMBO, Sri Lanka — Work began Sunday on a billion oil refinery to be funded by a SingaporeOman joint venture next to a Chineserun port in what will be Sri Lanka's largest foreign investment ever. The refinery and a tank farm will be built on 237 hectares (585 acres) of land lying about ...