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LPG supplies this week?

14 May 2022

  • Importers explore use of Indian LOC
By Skandha Gunasekara LAUGFS is expected to bring down a consignment of Liquid Petroleum Gas (LPG) to the market in the coming week, The Sunday Morning learns. LAUGFS Holding Limited Chairman W.K.H. Wegapitiya said that they hoped to bring down a consignment using the Indian Line of Credit (LOC).  “We have not got Letters of Credit (LCs) yet, so we are now trying to get gas through the Indian LOC and some other [means] available. We hope to get it down next week,” Wegapitiya said. Meanwhile, Litro Gas Chairman Vijitha Herath refused to comment as “things were uncertain”. “I don’t want to comment on anything right now as things are uncertain. When the system is right I will make a statement,” Herath told The Sunday Morning.    

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