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Three LAUGFS LPG shipments expected in November
Three LAUGFS LPG shipments expected in November
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LAUGFS Gas PLC has announced that three LPG shipments are scheduled to arrive in Sri Lanka in November.

In a statement, the company said arrangements had been made for the shipments to arrive in Hambantota and Colombo between November 12–14, November 15–17 and November 24–28.

However, the company noted that the arrival dates remain subject to shipping schedules, port operations and relevant regulatory approvals.

LAUGFS Gas said it is currently working with the relevant authorities to obtain approval to release LPG stocks arriving through the terminals to the domestic market.

The company also expressed regret over the difficulties faced by households and businesses due to the ongoing disruptions in gas supplies.

The company attributed the challenges affecting international LPG supply chains to tensions in the Middle East and disruptions to maritime transportation through the Strait of Hormuz.

LAUGFS Gas PLC stated that its Hambantota LPG import and export terminal, operated by its subsidiary LAUGFS Terminals Limited, has a storage capacity of 30,000 metric tonnes and was established with an investment of US$65 million.

However, the terminal's ability to supply the domestic market has been restricted by regulatory conditions linked to its Commercial Hub status under the Board of Investment framework.

The company said it has requested temporary approval for a period of three months to use the Hambantota terminal for domestic LPG supplies.

It is also working with the Board of Investment, the Ministry of Finance, Sri Lanka Customs and the Department of Import and Export Control to establish the necessary regulatory and operational arrangements to operate the terminal outside its existing Commercial Hub status, subject to applicable taxes and duties.

According to LAUGFS, the Board of Investment Chairman has confirmed that the Treasury Secretary has been requested to facilitate the required approvals within one week, following the President's instructions. However, the approvals had not yet been received at the time of the announcement.

Meanwhile, as an additional measure to strengthen supply security, LAUGFS Gas has called for a new tender to secure direct LPG supplies to the Port of Colombo from January 2027.

The company also clarified that neither LAUGFS Gas PLC nor LAUGFS Terminals Limited is designated under sanctions imposed by the United States Office of Foreign Assets Control (OFAC).

LAUGFS said it remains committed to restoring domestic LPG supplies and strengthening long-term supply reliability, while thanking customers and business partners for their patience and understanding. 

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