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signed an agreement with Sri Lanka's energy ministry to invest $3.7 billion in a state-of-the-art oil refinery with a capacity of 200,000 barrels, Dissanayake's office announced Thursday.
The investment entails, “a state-of-the-art oil refinery with a capacity of 200,000 barrels” in the southern Hambantota district, the Presidential Media Division said in a statement.