The competition between India and China in Sri Lanka's energy sector is intensifying, with India seeking to establish a stronger foothold through a trilateral energy collaboration with Sri Lanka and the United Arab Emirates (UAE). Central to this strategy is the proposed oil pipeline linking India to Sri Lanka, along with the development of an energy hub in Trincomalee. This initiative aims to reshape energy dependence in the Indian Ocean, particularly as China expands its influence through investments in Sri Lanka's fuel distribution and refining capabilities. China's strategy has evolved from infrastructure projects, such as the Lakvijaya coal power plant, to controlling downstream energy markets, exemplified by Sinopec's entry into Sri Lanka's fuel retail sector. In contrast, India's approach focuses on establishing reliable supply chains through its existing operations with Indian Oil Corporation and Lanka IOC, which proved vital during Sri Lanka's recent economic crisis. The involvement of the UAE in the Trincomalee project adds financial and technical support, transforming it into a broader geopolitical initiative. As both nations vie for influence, Sri Lanka is strategically engaging with both powers to diversify its energy partnerships, highlighting the delicate balance in its foreign relations.