Construction will begin next year on what will be the largest refinery in Sri Lanka, although the location of the proposed project has yet to be disclosed.
According to local media reports, confirmation about the new refinery was given by Transport Management, Power and Energy Minister Mahinda Amaraweera, following discussions last week with President Gotabaya Rajapaksa.
‘In addition to the Sapugaskanda and Hambantota refineries, there is a need for another large-scale refinery. Therefore, by next year, the construction of our country’s largest refinery will begin,’ Amaraweera was quoted as saying by media outlet, the Daily News.
As previously reported, last March India’s Accord Group and Oman’s Ministry of Oil and Gas agreed a deal on the construction of a 200,000 barrel a day refinery near the Sri Lankan Port of Hambantota, with project completion expected to take over 40 months.