Colombo, August 2nd, 2023 – Sinopec Energy Lanka (Private) Limited announced the arrival of its first two consignments of fuel at the Colombo Port yesterday (August 1st, 2023). The consignments were shipped by SI CHOUZHI LU and CHANG HANG KAI TUO and consisted of around 42,000 metric tons of petroleum products. These products included Petrol 92 Octane, Petrol 95 Octane, Auto Diesel and Super Diesel. Sinopec has made special note that the arrival of this historic first consignment, will underscore its commitment toward a stable fuel supply in the country.
Sinopec entered into a long-term contract with the Ministry of Power and Energy of Sri Lanka, for importation, storage, distribution and sale of petroleum products on May 22nd 2023. Sinopec was granted a specialized operating license in July and thereafter signed its agreement with the Board of Investment (BOI) of Sri Lanka on 14th of July. The arrival of its first consignments marks another significant milestone in this partnership.
Ranked 5th on the Fortune Global 500 list in 2021, China Petrochemical Corporation (Sinopec) remains the largest oil refining company in the world and second-largest oil and gas producer, with a proven track record for sustainable partnerships. The company’s total number of gas stations currently ranks second in the world. Amid the successful arrival of its first consignments,preparations are already underway toward the establishment of 150 fully operational and franchised filling stations across the island. (Sinopec)