New gas terminal for LAUGFS

The estimated cost of this project will be US $ 10 to 15 million. LAUGFS Lanka Gas Limited will meet 50 per cent of this expenditure while the balance is expected from local banks, Ranasinghe said. “With the installation of the new gas tanks in Galle, we will be able to save a considerable amount which will be spent for transport. Various other constraints such as wastage and delaying of the ships could also be eliminated, he said. …

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