Sri Lanka to get US$3.9 billion oil refinery next to Chinese-run port in Colombo

A Singapore-based company and the government of Oman have pledged to build a US$3.9 billion oil refinery next to a Chinese-controlled port in what will be the largest foreign investment ever for Sri Lanka, officials said on Tuesday.The refinery will be a joint venture for the Singapore-based Silver Park International Private Limited firm and the Sultanate of Oman’s Ministry of Oil and Gas, said Nalin Bandara, Sri Lanka’s deputy minister of international trade. Construction will begin next week…