Sri Lanka’s Litro calls for EOIs for supply of 60,000 tonnes of LPG for March - Opportunity Sri Lanka
Sri Lanka’s Litro calls for EOIs for supply of 60,000 tonnes of LPG for March

Sri Lanka’s Litro calls for EOIs for supply of 60,000 tonnes of LPG for March

Sri Lanka’s state operated Litro Gas Lanka Ltd. has reportedly called for Expressions of Interest (EoI) from eligible and qualified interest parties for the supply of 60,000 tonnes of +/- 20% of Liquefied Petroleum Gas (LPG) in March this year.
Accordingly, proposals have been invited for the period of 1 to 31 March 2022.

According to Litro, the stock of LPG should be supplied in ocean tankers, which will be required to be discharged at the Litro Gas Terminal Lanka Ltd., Conventional Buoy Mooring (CBM), located off the coast of Kerawalapitiya or at the Port Discharge Facility of the Hambantota Port.
The Litro Gas Procurement Committee Chairman has been quoted as saying in the local media that the successful bidder should not be blacklisted and not have any conflicts of interest in the business or its associated companies. The potential suppliers should send in their proposals before 24 January.

OSL take:

Sri Lanka’s economic challenges at present have also presented business opportunities. Despite difficulties faced due to the global Covid 19 pandemic, Sri Lanka’s ongoing development programme and the positioning of the country as an emerging business destination in the South Asian region continue to increase Sri Lanka’s attraction as an emerging business/investment destination in the region. The many trade agreements as well as concessions enjoyed by the country and the ease of doing business environment have all helped promote Sri Lanka as a business hub in the making. Foreign businesses/investors could therefore confidently explore the growing business/investment opportunities in Sri Lanka’s development programme and overall economy.

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Article Code : VBS/AT/13012022/Z_2

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