Sinopec announced its official entry into Sri Lanka’s dynamic fuel retail market at the felicitation event for local distributors held on the 25th of September in Colombo. This momentous occasion also marked the commencement of fuel supply to Sri Lanka’s filling stations. With the entry, Sinopec is committed to giving full play to its advantages, providing stable, sustained and high-quality oil products to the country, growing together with the distributors, and contributing significantly to the nation’s economic development and energy stability.

Under the agreement inked between Sinopec and the Ministry of Power and Energy of Sri Lanka, Sinopec has secured a 20-year license to franchise 150 existing filling stations throughout Sri Lanka and invest in an additional 50 filling stations. Sinopec will continue to enhance its ability to serve the whole process of local procurement, storage, distribution, and sales of oil products to empower the people of Sri Lanka for a better life.