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LP Gas : No new cylinders from Litro this year

25 Sep 2022

  • Litro awaits Cabinet guidelines for new LPG purchase
  • High demand for new Litro cylinders
By Asiri Fernando   State-owned Litro Gas Lanka Ltd. does not plan to issue new LP Gas (LPG) cylinders to the market this year, due to import constraints linked to a shortage in forex reserves, although the demand for new cylinders is on the rise. According to Litro Lanka Chairman/CEO Muditha Peiris, the LPG supplier plans to prioritise sustaining adequate supply of gas to the market over market expansion. Litro Lanka has a market share of about 80%, or nearly 5.5 million cylinders, Peiris told The Sunday Morning, adding that there was high demand for new Litro cylinders due to competitor LAUGFS Gas (Pvt) Ltd. reducing operational output and many in urban areas trying to gain a new cylinder as a contingency measure. “We have not been issuing new cylinders throughout this year. Our priority was sustaining LPG supply. We think we can import new cylinders only after January 2023 depending on our dollar reserves. LPG cylinders are not manufactured in Sri Lanka; in the past we imported them from Thailand and India,” Peiris explained. Many LAUGFS Gas clients who are unable to get a refill are seeking to purchase new 12.5 kg, 5 kg, or 2.5 kg Litro cylinders, due to their availability. According to him, Litro has refilled nearly five million of the 5.5 million cylinders that the company services by now, with adequate LPG stocks secured to meet market needs for September. Peiris also said that Litro had adequate stocks to refill the half a million domestic (12.5 kg) cylinders in the market which have not been refilled yet. Commenting on continued supply of LPG, Peiris said that the State-Owned Enterprise was awaiting Cabinet guidance on new purchases. Peiris stated that Litro imports close to 400,000 MT of LPG each year to cater to 80% of the market. Attempts to contact LAUGFS Chairman W.K.H. Wegapitiya on the company’s plans to resume fullscale operations failed.   

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