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Susil firm on CPC gas

28 July 2010 10:05 am - 18     - {{hitsCtrl.values.hits}}

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By Sherwani Synon

Petroleum resources Minister Susil Premajayantha said the government will pursue attempts to sell gas to the consumer via the Ceylon Petroleum Corporation (CPS) instead of via the Laugfs gas company.

Speaking to Daily Mirror online, the minister said that the arrangement between the CPC and Laughs Gas Company had lapsed and therefore CPC has taken measures to refer it to the Attorney General.

“The arrangement between CPC and Laugfs Gas Company has lapsed and the CPC wants the right to sell gas without the involvement of a third party. We have referred this matter to the Attorney General and he will appeal to the Supreme Court,” he said.

However, Chairman of Laugfs Holdings Limited, W.K.H Wegapitiya, when contacted by Daily Mirror online, said that the arrangement between the Government Corporation and Laugfs was indefinite as it is a court order.

He further added that CPC should work on improving their core business instead of selling a by product.

Two years ago, when the arrangement between the CPC and Laughfs gas company ended, CPC sought the right to sell gas which is produced as a by product at the oil refinery.

However, Laughfs gas made an appeal against it to the Supreme Court and the court ordered that Laughfs should be reinstated to sell gas. (Daily Mirror online)

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  Comments - 18

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  • rasika Wednesday, 28 July 2010 10:18 AM

    This story has been on the discussion table for about last 3 to 5 years. But nothing has happened like BTI Bacteria for Dengue. We just have to consider these as the stories of shameless politicians.

    bugger Wednesday, 28 July 2010 10:26 AM

    Like the prima company laughs will be laughing

    Indika Wednesday, 28 July 2010 10:29 AM

    First do it. Then we can talk !!

    Faqi Thursday, 29 July 2010 06:44 AM

    Hardly any government enterprise is profitable even where they have a monopoly. The government should keep their hands off of business.

    Vishan Alvis Wednesday, 28 July 2010 10:29 AM

    Long story short, Minister attempts to show "GAS" to the disributor. Poor consumer ends up with "GAS LEAK" in the wallet. Everyday story with a dash of different flavours to jack up prices. Feel sorry for the "BLIND" voters...

    Truth Wednesday, 28 July 2010 10:29 AM

    Let it go as it is Susil. You have aboslutely no capabilities even to run a road side shop. We all know the records you have kept when you were the Education Minister.

    Gayan Samarasekara Wednesday, 28 July 2010 10:29 AM

    This could be good for people if they can purchase gas at low rates, though it could demotivate the investments. However the government should make sure that the quality of the product is maintained properly..

    Concerned Wednesday, 28 July 2010 10:42 AM

    If your intention is honest, then the public will be happy. But what if its not? Coz no one can be trusted today.

    modawansa Wednesday, 28 July 2010 10:45 AM

    Good decision.Punish the guys who supported the opposition.

    Saranga Wednesday, 28 July 2010 10:22 PM

    Please make CPC profitable before taking-on another task!

    SW Wednesday, 28 July 2010 11:28 AM

    This guy is only a talker, he does not understand what he says, his past records show it.

    SC Thursday, 29 July 2010 09:11 AM

    Talk Talk and Talk for years unfortunately nothing implements.

    Bird Eye Wednesday, 28 July 2010 01:54 PM

    What will happen if CPC goes on strike?

    Munas Wednesday, 28 July 2010 02:02 PM

    First of all, is there any benefit for public?

    Jojo - Qatar Wednesday, 28 July 2010 02:08 PM

    There are many things to do within CPC

    suwimal Thursday, 29 July 2010 05:32 AM

    on Wegapitiya or by Wegapitiya?

    Nandimithra Wednesday, 28 July 2010 05:12 PM

    + They want both 'Shell' and 'Laugfs' under the CPC? What a mess this is going to be!

    Smart Aleck Wednesday, 28 July 2010 10:12 AM

    Ultimately it will end up as a Big Laugf for Wegapitiya!


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