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FM to make emergency purchase of 12000 metric tons of gas

4 November 2019 04:25 pm - 1     - {{hitsCtrl.values.hits}}

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The Finance Ministry has made arrangements to make an emergency purchase of 12000 metric tons of domestic gas in order to meet the prevailing domestic gas shortage in the market, the Finance Ministry said.

It said the Litro Gas Company, which comes under the purview of the Finance Ministry, will import this stock of gas and will take steps to release them to the market with immediate effect.

“A shipload of gas carrying 3600 metric tons docked in the Colombo Port last Saturday (02) and other tanker carrying 3600 metric tons of gas will arrive in the port today. Another shipload of gas carrying 3600 metric tons will arrive in the country next Saturday (09) as well,” it said.

The Ministry added that under the emergency purchase placed under the ordinary procurement procedure, 6000 metric tons of gas will reach the country within next week.

It said the gas shortage that was created due to the short supply of gas by a private gas company will end in this week.

 “The Consumer Affairs Authority has raided about 40 gas sales outlets which exploited this gas shortage, hid their stocks and sold them at higher prices later. The Consumer Affairs Authority has taken measures to increase the number of such raids in the next few days and legal action will be taken against such unscrupulous domestic gas agents,” it said.


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  • Anmanpan Monday, 04 November 2019 04:34 PM

    Come on, name the private gas company and its directors (dictators) and bring them to book.


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