SUPPLY OF 380,000 METRIC TONS (MT) ±20% OF STENCHED PRESSURIZED LIQUEFIED PETROLEUM GAS (LPG) FOR 12 MONTHS TO LITRO GAS LANKA LIMITED
Litro Gas Lanka Limited (LGLL), the largest LPG supplier in Sri Lanka with a commanding 78% market share, has announced an International Competitive Biding opportunity for the supply of approximately 380,000 MT (±20%) of stenched, pressurized LPG over a 12-month period commencing 1 January 2026. The guaranteed minimum off-take under the contract is 304,000 MT, with monthly requirements of up to 40,000 MT based on domestic demand. Deliveries will be made to LGLL’s primary receiving facility, the Conventional Buoy Mooring (CBM) terminal at Kerawalapitiya or the Port of Colombo, supported by an 8,000 MT onshore storage capacity.This high-value, strategically critical contract is backed by the Government of Sri Lanka and operates on CIF/C&F 2020 terms linked to the Saudi Aramco Contract Price Index, ensuring transparency and competitive alignment with global market rates. Suppliers must demonstrate robust operational capacity, including proven annual LPG supply volumes of at least 300,000 MT in recent years, a turnover exceeding USD 250 million, and access to a fleet of at least four compliant CBM-capable vessels (2,500 – 5,500 MT capacity) to maintain uninterrupted supply. Investors’ confidence is further reinforced by secure payment terms via a fully operative, irrevocable standby letter of credit valued at USD 30 million, along with performance security of USD 27.5 million. This project offers a significant and stable revenue stream in a growing energy market, providing a gateway for strategic partnerships in Sri Lanka’s downstream energy sector
| Tender Eligibility : | Contact OSL |
| Line Ministry : | Ministry of Finance |
| Line Agency : | Litro Gas Lanka Limited (LGLL) |
| Project Site : | Sri Lanka |
| Component Stander : | Funding available |
| Bid Security : | USD 2.75 Million |
| Bid Validity : | 180 Days |
| Issuance of tender document : | Litro Gas Lanka Limited (LGLL) |
| Tender Document Fee : | LKR 100,000/= |
| Pre Bid Meeting : | 27th August 2025 @ 14:30 (Sri Lanka Time) @ the 3rd Floor Meeting Room, Litro Gas Lanka Limited, No. 267, Union Place, Colombo 02 |
| Estimated Project Cost : | Contact OSL |
| Tender Closing Date : | 23rd September 2025 |
| Funding : | Government Funded |
| Tender Code : | VBS/TD/15082025/Y_1 |