Litro Gas
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Litro Gas is
Sri Lanka Sri Lanka, officially the Democratic Socialist Republic of Sri Lanka, also known historically as Ceylon, is an island country in South Asia. It lies in the Indian Ocean, southwest of the Bay of Bengal, separated from the Indian subcontinent, ...
's largest gas company. It controls 85% of Sri Lanka's gas market. The company is wholly owned by
Sri Lanka Insurance Corporation Sri Lanka Insurance Corporation Limited, also known as Sri Lanka Insurance is the largest and strongest composite insurance provider in Sri Lanka. It is the first and only insurance company in Sri Lanka to be assigned a prime AAA− rating for In ...
. Established in 1872 as Colombo Gas and Water Company, it was a wholly owned subsidiary of
Royal Dutch Shell Shell plc is a British multinational oil and gas company, headquartered in London, England. Shell is a public limited company with a primary listing on the London Stock Exchange (LSE) and secondary listings on Euronext Amsterdam and the New ...
until 2010, when it was purchased by the government of Sri Lanka. The company's current name was adopted in 2010. In 2020 Litro Gas brought
Hambantota Port The Hambantota International Port is a deep water port in Hambantota, Sri Lanka, notable for its 99-year lease to China Merchant Ports. Opened in 2010, it is Sri Lanka's second largest port, after Colombo. In 2020, the port handled 1.8 million ...
LPG tanks. The port is operated by
China Merchants Port China Merchants Port Holdings Company Limited () is a major conglomerate based in Hong Kong and is involved in a range of businesses such as port operations, general and bulk cargo transportation, container and shipping business, air cargo, log ...
.


History

Litro Gas was originally established by British Ceylon Government in 1872 as Colombo Gas and Water Company. Company's first main office located in Gas Works Street (Gas Paha Junction),
Colombo Colombo, ( ; , ; , ), is the executive and judicial capital and largest city of Sri Lanka by population. The Colombo metropolitan area is estimated to have a population of 5.6 million, and 752,993 within the municipal limits. It is the ...
. In 1996, Royal Dutch Shell acquired Colombo Gas and Water Company for US$37 million. The company was incorporated as a subsidiary of Shell Company. Shell company monopoly was created in 1996. Shell's monopoly ended after Government LPG distribution was given to the LAUGFS Gas PLC in 2001. 14 years after Sri Lankan Government brought back majority stake for US$63 million. In 2010 it became a wholly owned subsidiary of CPC.


Gas Explosions

A total of 847 gas related accidents were reported in 2021. In addition, 7 people died from these accidents, while 16 others were injured and 18 incidents resulted in property damage. The primary justification behind the new gas related mishaps has been distinguished as the adjustment of the structure of gas, Prof. Shantha Walpolage (
University of Moratuwa The University of Moratuwa (also referred as Moratuwa University) ( ''Moraṭuwa Wiśwawidyālaya'', ) is a public university in Sri Lanka. It is located on the bank of the Bolgoda Lake in Katubedda, Moratuwa, a suburb of Sri Lanka's capital C ...
), the Chairman of the Committee selected by the President Gotabaya to yest gas-related mishaps, said. "The cylinders, regulators, stoves and other equipment have remained unchanged. What was subjected to change was the gas composition" he highlighted. Accordingly, Pro Walpolage repeated that the primary justification for the new gas blasts could be credited to the gas arrangement. Various cases identified with gas blasts were accounted for in the county throughout the previous one month raising worries among individuals. Likewise, a Committee was designated by the President on 30 November to investigate the episodes of LPG chamber flames and blasts.{{Cite web, title=gas related accidents result of Change in gas cylinder composition, url=https://www.dailymirror.lk/print/main_image/gas-related-accidents-result-of-Change-in-gas-cylinder-composition/346-227420, access-date=2021-12-23, website=www.dailymirror.lk, language=English


References

1872 establishments in Ceylon Energy companies established in 1872 Nationalised companies in Sri Lanka
Sri Lanka Sri Lanka, officially the Democratic Socialist Republic of Sri Lanka, also known historically as Ceylon, is an island country in South Asia. It lies in the Indian Ocean, southwest of the Bay of Bengal, separated from the Indian subcontinent, ...
Oil and gas companies of Sri Lanka State owned commercial corporations of Sri Lanka