Sri Lanka is opening a State-owned LNG plant close to Chinese-managed harbour

The Hambantota harbour  By Deneth17 - Own work, CC BY-SA 3.0, Link

The Hambantota harbour
By Deneth17Own work, CC BY-SA 3.0, Link

According to MidStream Magazine which is in turn reporting the national development strategies minister, Sri Lanka’s state-run investment body has approved a $500 million LNG plant by China Machinery Engineering Corp. near a Chinese-controlled port and industrial zone.
The state-run Board of Investment has approved investment projects worth $1 billion in the first quarter, Malik Samarawickrama said, the largest of which was the LNG project in Hambantota, where China Merchants Port Holdings controls a Chinese-built port on a 99-year lease.
Government and diplomatic sources have told Reuters that the U.S., India and Japan had raised concerns that China might use the port as a naval base. The Sri Lankan government has said the agreement bans usage of port for military purpose.