Oman’s Ministry of Oil and Gas has refuted a Reuters report regarding the signing of a US$3.85 billion deal to build an oil refinery in Sri Lanka.
Reuters reported on Tuesday (March 19) that India’s Accord Group and Oman’s Ministry of Oil and Gas have signed a $3.85 billion deal to build an oil refinery in Sri Lanka, adding that it is “the biggest single pledge of foreign direct investment ever made in the country”.
The report added that Sri Lankan officials said the 200,000 barrel-per-day refinery will be built on 585 acres near the site of the new Hambantota international port and a related industrial zone on the nation’s southern coast.
However, Salim Al Aufi, undersecretary of the Ministry of Oil and Gas said on Wednesday: “I don’t know who is signing a cheque for US$3.8 billion. It is definitely not the minister of oil and gas, I can assure you because the minister is on vacation and I didn’t sign it”