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, said a press release.
Kazi M Aminul Islam, Executive Chairman of Bangladesh Investment Development Authority (BIDA), attended the programme as the chief guest.
LAUGFS Holdings Chairman WKH Wegapitiya, Director and Chief Executive Officer Mohammed Saidul Islam, Chief Operating Officer Ranjith Jayawardena, General Manager (Finance) Sujeewa Vidanapathirana, General Manager (Sales and Marketing) Nazeer Latiff, General Manager (Operations) Dr. Mayura Neththikumarage 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.
LAUGFS entered Bangladesh in 2015 with the acquisition of PetredecElpiji Limited, and is one of the largest LPG downstream players in the country.