The Sri Lankan government is poised to make a decisive intervention if Laugfs Gas, one of the country’s two main gas suppliers, does not take immediate action to import and distribute gas to consumers, according to Minister of Trade, Commerce, Food Security, and Cooperative Development Wasantha Samarasinghe.
Speaking to journalists today, Minister Samarasinghe clarified that there is no shortage of gas supplied by Litro Gas, the country’s largest liquefied petroleum gas (LPG) provider. However, a notable shortage of Laugfs Gas in the market has raised concerns.
“There are two gas companies operating in Sri Lanka, Litro Gas and Laugfs Gas. While Litro Gas is adequately meeting consumer demand, Laugfs Gas has failed to ensure a stable supply. The reasons for this shortage must be addressed by the company,” the Minister stated.
He further emphasized that if Laugfs Gas does not take immediate steps to import and distribute sufficient gas, the government will be compelled to intervene.
“The government cannot allow consumers to face continuous disruptions. We have ample stock of Litro Gas, but the situation with Laugfs Gas must be resolved urgently to stabilize the market and alleviate the challenges faced by consumers,” Minister Samarasinghe added.
The government’s intervention could include measures such as facilitating gas imports through alternative channels or imposing regulatory action to ensure the continuity of supply. Analysts expect a decision in the coming days, especially as demand for LPG typically increases during the holiday season.