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LAUGFS moves to avert festive gas shortages with fresh LPG stock

LAUGFS moves to avert festive gas shortages with fresh LPG stock

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Amid concerns over possible supply disruptions during the festive season, LAUGFS Gas PLC has stepped up efforts to stabilise the market by securing a 7,000 metric ton LPG shipment.

The consignment arrived aboard the vessel ANDOVER at the company’s terminal in Hambantota Port, as part of measures to prevent shortages during the anticipated surge in demand.

Company officials said the move is aimed at easing pressure on the domestic market and ensuring continuity of supply, particularly at a time when global energy markets remain volatile.

The shipment was sourced from SHV Energy, reflecting LAUGFS Gas’ reliance on established international partnerships to secure consistent supplies despite ongoing geopolitical and supply chain uncertainties.

LAUGFS Gas said it has already secured adequate stocks to meet festive demand and is fast-tracking distribution to avoid bottlenecks. Enhanced filling and delivery operations are currently underway to ensure islandwide availability.

The company noted that these proactive measures are intended to maintain market stability, reduce the risk of artificial shortages and reassure consumers during the peak season.

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