(EnergyAsia, October 26) — Sri Lanka is seeking Saudi Arabia’s help to finance the expansion of its sole oil refinery. Colombo is seeking US$550 million to double the size of the 50,000 b/d Sapugaskanda refinery. It believes that expanding the plant will prove cheaper in the long run as it will help reduce the…
SRI LANKA: Saudi help sought for refinery expansion
Posted on October 26, 2006 by EnergyAsia