• 2015 December 10 09:19

    Litro Gas completes terminal at Hambantota

    The national Sri Lanka based LPG company Litro Gas has exhibited a significant sales growth of above 30% in the domestic market during the first 10 months of this year. This complements with the imposed price reductions by the Government.

    The recent decision taken by the Government to reduce the price of 12.5 kg domestic LP gas will further have a positive impact on its sales and volume, which are expected to surge by end this year.

    The price reductions imposed within a year is significant (44%) benefitting the lower and middle-lower customer segments, and this has allowed households in both urban and rural areas throughout the country to switch from the traditional firewood to LP gas which today is an affordable cooking fuel.

    Litro Gas enjoys a market share of around 73% and is increasingly capable of catering to the growing demand of the entire LP gas market in the country with its current infrastructure.

    Litro Gas Lanka Ltd. Executive Chairman Shalila Moonesinghe said, “We’ve had a very positive performance during the last 10 months with favourable market conditions. Our increased storage capacity and sales channels shows our ambitious plans to expand our reach of domestic LPG gas to every household in the country.”

    Recently the company completed its new LP gas terminal located at the port of Hambantota consisting a storage capacity of 3,000 m/t. The storage facility of Litro Gas now increases up to 11,000 m/t with this new addition.

    The main LP gas terminal is situated at Kerawalapitiya and has a storage capacity of 8,000 m/t. Litro Gas also moved its filling operations to its new state-of-the-art filling plant in Kerawalapitiya, which is one of the largest LP gas filling plants in the Asian continent.

    Litro Gas Managing Director Muditha Peiris said, “Along with the recent completion of our new terminal at Hambantota port we’re also in the process of setting up another filling plant just besides it and this will benefit consumers based in Southern, Uva and Eastern provinces.”

    Litro Gas Lanka Ltd. (LGLL) is the leader in marketing and selling LPG in Sri Lanka along with its associate company Litro Gas Terminal Lanka Ltd. Sales and Marketing Director Chaminda Ediriwickrama said, “We’ve been experiencing immense growth in our sales with the increasing demand for LPG across the country and we’re on a continuous drive to expand our channels and points of sale to increase our reach and presence.”

    Presently Litro Gas serves its customers through 5,000 points of sale island-wide. Litro Gas has a reputation for the strict implementation of safety standards and is considered as an important cornerstone in its company strategy.




2020 July 1

16:18 COVID-19 dampens long-term energy demand and highlights scale of climate emergency
15:52 Konecranes receives order from Louisiana for two portal harbor cranes
14:26 Panama emphasises its support for seafarers' rights
13:43 DNV GL grants type approval for Aquarius UV / EC BWMS
12:36 ICS: Global shipping fleet to sound horns on 8 July to remind governments over need for urgent crew change
11:09 Aker Solutions awarded letter of intent for Askeladd Vest
10:33 MABUX: Bunker market this morning, July 01
10:09 Damen delivers custom RHIB to Naarden Lifeboat
09:37 GTT receives a new order from DSME for the design of two large Floating LNG Storage Units

2020 June 30

19:07 Wan Hai Lines to launch Taiwan to Vietnam and Thailand services coverage
18:37 Valenciaport joins the “World Aids to Navigation Day” with the lighting of its headlights
18:12 Third stage of "Sea Cup 2020" competition begins
18:07 BPA attempts to cut fine dust level in Busan Port by developing green equipment
18:02 Damen concludes keel laying on 75-metre crane barge for a project in Panama
17:50 Bunker prices decrease at the Port of Saint-Petersburg, Russia (graph)
17:46 Diana Shipping announces signing of a supplemental agreement with BNP Paribas and the sale of a Panamax dry bulk vessel
17:27 BIMCO publishes Covid-19 crew change clause
17:04 Artemis Technologies to build zero emissions ferries following £60M funding
16:41 Seven port projects to compete for ESPO Award 2020
16:25 BLRT Grupp shipped last sections of railway bridge to Stockholm
16:04 Port of Melbourne welcomes largest containercapacity ship to dock in Melbourne
15:46 Knyaz Vladimir submarine of RF Navy’s fleet went to the White Sea starting its first base-to-base passage
15:03 World's first full scale ammonia engine test - an important step towards carbon free shipping
14:48 Severnaya Verf to build four long-liners of 200101 design for NOREBO Group
14:12 Hapag-Lloyd announces GRI from North East Asia to Australia
13:58 MSC Cruises and Chantiers de l’Atlantique celebrate key construction milestone for LNG-propelled MSC World Europa
13:33 RS publishes autonomous vessel classification advisory
13:11 Port of Oakland Oks FY 2021 budget midst COVID-19 crisis
12:50 Bunker market sees mixed price movements in the Far East ports of Russia (graph)
12:01 Valenciaport will invest 136 million in the Port of Sagunto
11:49 Gasum opened a new shipping fuel station at Ports of Stockholm
11:10 Wärtsilä and Pastrovich Studio sign agreement to develop a sustainable hybrid boutique cruise vessel
10:34 Admiralteiskie Verfi laid down yet another freezing trawler of Project СТ-192 for RFC
10:06 New Chairman appointed to the National Maritime Safety at Sea Council
09:46 Oil prices are slightly down
09:28 Baltic Dry Index as of June 29
09:15 MABUX: Bunker market this morning, June 30

2020 June 29

19:07 GTT takes the lead in the 2019 French list of ETI patent applicants
18:37 PortXL presents 22 promising and innovative maritime start-ups and scale-ups
18:07 Aker Solutions secures maintenance and modifications work for Aker BP
17:52 United Shipbuilding Corporation set to occupy about 57% of Russia’s shipbuilding market by 2030
17:30 Fincantieri announces steel cutting of the forward section for Chantiers de l’Atlantique
17:06 Djibouti organises first crew-change in over a year for seafarers stranded due to Covid-19
16:31 Norsepower unveils first tiltable Rotor Sail installation with SEA-CARGO agreement
16:26 Admiral Makarov frigate of RF Navy’s Black Sea Fleet conducted exercises in the Mediterranean Sea
15:59 Stena Line starts the construction of two new larger E-Flexer ferries
15:27 Nuclear-powered icebreaker Arktika to be deployed in winter navigation season of 2020-21
15:04 Water transport passengers can make use of carriers’ services during 18 months from voyage cancellation
14:38 Portugal's Navalrocha shipyard reports flurry of deals in 2020, with busy schedule ahead
13:59 Average wholesale prices for М-100 HFO rose to RUB 9,865 in RF spot market
13:02 Yamal LNG extends validity of certificates on compliance with ISO standards
12:36 Cruise companies around the world are actively accepting reservations and preparing for the 2021/2022 tourist season
12:13 Diesel submarine of RF Navy’s Pacific fleet held tactical exercise in the Sea of Japan
11:35 NORDEN orders four dry cargo “Ultramax” ships
10:38 Ferry connections between Finland and Estonia are better than ever
10:14 Oil prices are decreasing
09:59 Federal Transport Authority signs MOU with subsidiary of Abu Dhabi Ports
09:57 Seaborne and inland water passenger transport included into the list of industries most affected by the pandemic
09:35 Electric catamaran EcoVolt launched in Saint-Petersburg with another one laid down by Emperium shipyard
09:16 MABUX: Bunker market this morning, June 29