LAUGFS Holding is to put up a gas terminal in Hambantota exploiting the facilities from the proposed Hambantota Harbour. Chairman Southern Development Authority, Ranjith Gunasekera said that the company has already earmarked a suitable land for the project and signage has been already put up. The company hopes to invest around US$25 million for this project. He said that the main objective of this project is to provide gas at a subsidised rate to the customers. LAUGFS hopes to connect an underground pipe from the Hambantota Harbour to the land which is located in close proximity.
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