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Day before Yesterday (14) Sinopec and the Sri Lanka Board of Investment signed the agreement regarding fuel distribution in Sri Lanka. Accordingly, it is stated that Sinopec has invested 100 million dollars in the project which includes fuel import, storage and sale.
According to the Sri Lanka Board of Investment Act No. 17, the agreement allows the project to be implemented for 20 years under the supervision of Sinopec Energy Lanka.
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