Sinopec will commence operations in mid-September.

August 16, 2023

The Sinpoec is likely to commence its operations in Sri Lanka on September 20th. Accordingly, Sinopec is likely to sell all its products at a lower price than the Ceylon Petroleum Corporation. The Ministry of Power and Energy Sources said that there was no restriction imposed on Sinopec as far as prices are concerned. Accordingly, consumers will get petroleum products at a very competitive price in the open market, he said.

Sinopec will commence operations in mid-September.

RELATED NEWS

Government moves to ease prison overcrowding as remand population falls, Justice Minister says

Man arrested over alleged transfer of Rs. 24.85 billion in foreign currency abroad

Court hands 200-260 year jail terms over 2019 Easter attacks

15 found guilty in Sri Lanka Easter Sunday attacks trial

Government moves to ease prison overcrowding as remand population falls, Justice Minister says

Man arrested over alleged transfer of Rs. 24.85 billion in foreign currency abroad

Court hands 200-260 year jail terms over 2019 Easter attacks

15 found guilty in Sri Lanka Easter Sunday attacks trial

Supreme Court says 22nd Amendment does not require referendum

Supreme Court says 22nd Amendment does not require referendum

When an oil shock reaches Sri Lanka

Around 150 Cabinet decisions aligned with NPP manifesto, PAFFREL says

Government plans to increase funding for school sports development