01 Jul 2022 - {{hitsCtrl.values.hits}}
By Darshana Sanjeewa Balasuriya
Litro Gas said yesterday that it has successfully procured 100,000MT of LP Gas, which will be enough to supply the country its gas requirements for the next four months. The total consignment cost of the 100,000MT of LP Gas is $90 million and the World Bank has provided funding of $70 million, while the remaining $20 million has been provided by Litro.
Litro said 70% of the consignment will be provided to domestic consumers. An estimated five million 12.5kg cylinders, one million 5kg cylinders and one million 2.5kg cylinders will be obtained from this. The remaining 30% will be provided for commercial use.
An initial consignment of 33,000 tons of LPG procured by Litro at a cost of $20 million will reach Sri Lanka by the first week of July and distribution will commence immediately.
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