Sinopec Group Chairman meets President in Beijing

President Ranil Wickremesinghe held discussions with Sinopec Group Chairman Ma Yongsheng and top executives of Sinopec Group in Beijing last week to discuss their ongoing projects in Sri Lanka.

Senior Advisor to President Sagala Ratnayake, Central Bank Governor Dr. Nandalal Weerasinghe, BOI and Colombo Port City Economic Commission Chairman Dinesh Weerakkody, Director Presidential Secretariat Theekshana Abeyawardana, Sri Lanka’s Honorary Consul in Shanghai Anura Fernando participated in the discussions. Sinopec is China’s largest petroleum refiner and oil products producer, with its refining capacity ranking the 2nd in the world. The China based Sinopec Fuel Oil Sales Company Ltd., which have become a major player in local fuel retail market will enter the local oil refining market in October this year, Power and Energy Minister Kanchana Wijesekera said recently.