China’s Sinopec sets up fuel oil unit in Sri Lanka
China Petroleum and Chemical Corp, known as Sinopec Corp, said on Monday it has set up a fuel oil company in Sri Lanka as it looks to supply fuel to ships along a major maritime route.
MP Lakshman Kiriella said the Ceylon Electricity Board (CEB) has informed the Nilames and organizers of the Kandy Esala Perahera to deposit a sum of Rs. 13 million in order to supply an uninterrupted power supply for the festival.
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