{"id":232,"date":"2025-01-16T11:25:55","date_gmt":"2025-01-16T11:25:55","guid":{"rendered":"https:\/\/chinanews.lk\/?p=232"},"modified":"2025-01-16T11:26:42","modified_gmt":"2025-01-16T11:26:42","slug":"sri-lanka-sinopec-sign-agreement-for-usd-3-7-bln-investment-in-oil-refinery","status":"publish","type":"post","link":"https:\/\/chinanews.lk\/index.php\/2025\/01\/16\/sri-lanka-sinopec-sign-agreement-for-usd-3-7-bln-investment-in-oil-refinery\/","title":{"rendered":"Sri Lanka, Sinopec sign agreement for USD 3.7 bln investment in oil refinery"},"content":{"rendered":"\n<p>&nbsp;Sri Lanka has signed an agreement with Sinopec, which will see the Chinese international petroleum corporation invest 3.7 billion dollars in a state-of-the-art oil refinery with a capacity of 200,000 barrels, constructed in Hambantota.<\/p>\n\n\n\n<p>A substantial portion of the refinery\u2019s output is planned for export, further enhancing the nation\u2019s foreign exchange earnings, Minister of Transport, Highways, Ports and Civil Aviation Bimal Rathnayake said.<\/p>\n\n\n\n<figure class=\"wp-block-video\"><video controls src=\"https:\/\/chinanews.lk\/wp-content\/uploads\/2025\/01\/Video-1.mp4\"><\/video><\/figure>\n\n\n\n<p>\u201cThis major investment from China is expected to bolster Sri Lanka\u2019s economic growth while uplifting the livelihoods of low-income communities in the Hambantota area.\u201d<\/p>\n\n\n\n<p>\u201cMoreover, the benefits of this project are anticipated to positively impact the overall Sri Lankan population in the near future.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp;Sri Lanka has signed an agreement with Sinopec, which will see the Chinese international petroleum&#8230;<\/p>\n","protected":false},"author":1,"featured_media":233,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39],"tags":[],"_links":{"self":[{"href":"https:\/\/chinanews.lk\/index.php\/wp-json\/wp\/v2\/posts\/232"}],"collection":[{"href":"https:\/\/chinanews.lk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/chinanews.lk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/chinanews.lk\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/chinanews.lk\/index.php\/wp-json\/wp\/v2\/comments?post=232"}],"version-history":[{"count":0,"href":"https:\/\/chinanews.lk\/index.php\/wp-json\/wp\/v2\/posts\/232\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/chinanews.lk\/index.php\/wp-json\/wp\/v2\/media\/233"}],"wp:attachment":[{"href":"https:\/\/chinanews.lk\/index.php\/wp-json\/wp\/v2\/media?parent=232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chinanews.lk\/index.php\/wp-json\/wp\/v2\/categories?post=232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chinanews.lk\/index.php\/wp-json\/wp\/v2\/tags?post=232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}