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Even after the Omani denial, Sri Lankan Board of Investment director general said that she believed the deal was still going ahead.

energy storage

Oman denies involvement in $3.85bn Sri Lankan refinery

Written by Bernd Debusmann Jr

Thu 21 Mar 2019Wed 6 Oct 2021

Sri Lankan officials earlier this week told reporters that Oman was to take a 30% stake in a 200,000 bpd facility

Latest in Nalin Bandara

Sri Lankan deputy international trade minister Nalin Bandara said he expected the refinery, which will eventually produce 200,000 barrels a day, to be fully operational within four years.

Colombo

Indian-Omani JV to build $3.85bn Sri Lankan oil refinery

Written by AFP

Wed 20 Mar 2019Wed 6 Oct 2021

Oman will fund 30% of the new oil project while Singapore-based Silver Park International will finance the rest