Govt. to establish new LP gas company affiliated to CPC

Govt. to establish new LP gas company affiliated to CPC

August 12, 2021   04:34 pm

The government has decided to establish a new company affiliated to the Ceylon Petroleum Corporation (CPC) produce liquefied petroleum gas (LPG) and to provide the supplies to the market at competitive prices.

Reportedly, the decision has been taken during the meeting of the Cabinet of Ministers held earlier this week.

The CPC manufactures approximately 5% of Sri Lanka’s liquefied petroleum gas requirement and provides its products to the Litro Gas Lanka and Laugfs Gas PLC for distribution.

The Ministry of Energy has already initiated preliminary measures for the constructions of new oil refinery in Sapugaskanda and nearly 20% of the country’s LP gas demand can be produced following the construction of this oil refinery, the CPC stated.

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed Video Stories

TV Derana wins top honors at Sumathi Awards 2025 (English)

TV Derana wins top honors at Sumathi Awards 2025 (English)

Specialist neurosurgeon at J'pura Hospital granted bail (English)

Saudi Fund assures support to implement new projects in Sri Lanka (English)

SJB secures power in Seethawakapura UC (English)

Two persons dead after car topples into Viyana canal in Mahiyanganaya

LIVE🔴 Ada Derana Prime Time News Bulletin 6.55 pm

GovPay can be used to pay all traffic spot fines from Sept - ICTA (English)

NPP now following Ranil’s path after reversing its stance on taxes - Dilith (English)