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The Financial Express

Laugfs Gas celebrates 2 years in Bangladesh; pledges more investment

| Updated: October 30, 2017 15:11:29


Laugfs Gas celebrates 2 years in Bangladesh

Laugfs Gas Bangladesh Limited, one of the largest LPG distributors in the country, has celebrated its 2nd anniversary with a pledge of making significant investment in Bangladesh in next three years.

To mark its step into the third year operation in Bangladesh, the Sri Lankan company organised a celebration programme with its key stakeholders at a city hotel in Dhaka recently.

Kazi M Aminul Islam, Executive Chairman of Bangladesh Investment Development Authority (BIDA), attended the programme as the chief guest.

LAUGFS Holdings Chairman WKH Wegapitiya, along with high officials of LAUGFS Gas Bangladesh, was also present at the event.

The LNG distributor company is planning capacity enhancement, increasing of storage volume, establishment of a cylinder manufacturing plant along with expansion of the distribution system, they said.

Currently, the company operates LPG import, bottling and distribution facility in Mongla Port, according to a media statement.

The company imports and distributes over 50,000 MT of LPG every year and operates an expansive and fast growing distribution network across the country.

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