Sinopec Lanka has officially commenced business operations at its first franchising filling station in the town of Mattegoda in the Western Province of Sri Lanka.
Sinopec initiated the first round of market promotion measures with a pump discount of 3 LKR per liter for petrol and diesel.
Its supply plan is in motion to progressively hand over all 150 filling stations to Sinopec’s management before October.
Prior to commencement, dealers extend great support during the process of signing the dealership agreements.
Under the signing of the Long-Term Contract of Importation, Storage, Distribution, and Sale of Petroleum Products in Sri Lanka with the Ministry of Power and Energy on May, Sinopec has been granted a 20-year license to operate 150 fuel stations and will also be able to invest in 50 new fuel stations in July.
