Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post

Latest topics

» No worries about BFN Deal .i
by ruwan326 Today at 10:15 am

» Daily Foreign Transactions
by ruwan326 Today at 10:11 am

» BFN ගනු දෙනුව වෙනවා ..
by Equity Suda Today at 10:06 am

» ඔරියන්ට් ෆ්යිනැන්ස් -විකිනීම ස්තිරයි - අද ද අයිලන්ඩ් පුවත් පත බලන්න 2020 වෙනකම් පුලුවන් නම් තියා ගන්න - අදහා ගන්න බැරි ආදායමක් ලබන්න
by kalu351 Today at 9:22 am

» @RANFERDI, YAhapalan, In which list are you? Puravesi Lithro List, or Kiriella List or other list
by ranferdi Today at 9:06 am

» #PM Crisis#
by ranferdi Today at 9:05 am

» Stocks don’t go up and stay up because of stories, tips, or people’s opinions
by ruwan326 Today at 9:00 am

» FINANCIAL INSTITUTIONS IMPAIRMENT COST
by Yahapalanaya Sat Dec 08, 2018 11:10 pm

» MONTH PEACE & HAPPINESS
by Ryan Hudson Sat Dec 08, 2018 6:40 pm

» JINS NO DEAL YET - BFN IS ON AND POSITIVE -CHECK THE COMPNAY ANNOUNCEMENT CAREFULLY - NO NOTHING ABOUT BFN
by kalu351 Fri Dec 07, 2018 10:03 pm

» Will ALHP be eliminated from the CSE?
by wisdom79 Fri Dec 07, 2018 8:41 pm

» Is TKYO.N0000 a Sleeping Giant
by aklt Fri Dec 07, 2018 7:52 pm

» FINALY – BFN – TAKE OVER NEWS IS OUT OFFICIALY -DONT SELL BELOW 20 TRY TO BUY AT CURRENT 15-17 LEVELS
by Equity Suda Fri Dec 07, 2018 12:57 pm

» Market will RISE expecting a MR Led new government
by samaritan Fri Dec 07, 2018 8:43 am

» ##FUN TOONS###
by ruwan326 Fri Dec 07, 2018 8:21 am

» CROSSINGS TODAY
by ruwan326 Fri Dec 07, 2018 8:04 am

» FOREIGN NEWS
by ruwan326 Fri Dec 07, 2018 8:03 am

» PLAYERS PICK OF THE DAY
by ruwan326 Fri Dec 07, 2018 7:39 am

» JINS – LIFE FOR SALE – ALONG WITH BFN - BUY BUY BUY
by kalu351 Thu Dec 06, 2018 2:49 pm

» JINS – DON’T BUY BEYOND 30 – DEAL IS AT 30 BFN - BUY BELOW 22 – DEAL IS AT 25
by kalu351 Thu Dec 06, 2018 2:47 pm

» EQUVITY BROKERS AND BARTLEETS COLLECTING BFN -DONT SELL
by kalu351 Thu Dec 06, 2018 2:45 pm

» BFN DONT SELL EVEN AYT 17 COLLECT NOW - PRICE IS 25
by ruwan326 Thu Dec 06, 2018 8:13 am

» JINS – LIFE FOR SALE – ALONG WITH BFN
by ruwan326 Thu Dec 06, 2018 7:54 am

» how about mgt
by sanjulanka Thu Dec 06, 2018 6:52 am

» PRICES BFN – NOW 15.30 / JINS 26.60 /LOFC 3.6 / UBC 11 BUY BUY BUY
by sanjulanka Wed Dec 05, 2018 11:54 pm

» JINS JINS JINS - UP UP UP NOW 23.50 - NEXT IS BFN BFN
by sanjulanka Wed Dec 05, 2018 11:52 pm

» DIVIDEND ANNOUNCEMENTS- OCT/NOV
by thankrishan Wed Dec 05, 2018 10:46 am

» Financial Reports Q-3 2018
by ruwan326 Wed Dec 05, 2018 9:14 am

» CSE THIS WEEK
by samaritan Wed Dec 05, 2018 9:12 am

» Business Sentiment – Index Shores Up Despite Turmoil
by ruwan326 Wed Dec 05, 2018 7:57 am

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » Sri Lanka’s Laugfs Gas in partnership with Chinese Hambantota Port operator

Sri Lanka’s Laugfs Gas in partnership with Chinese Hambantota Port operator

Go down  Message [Page 1 of 1]

ruwan326

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Sri Lanka’s Laugfs Gas in partnership with Chinese Hambantota Port operator-Oct 03 2018


Sri Lanka’s Laugfs Gas said it has struck a partnership with the Chinese operator of Hambantota port on the south coast to begin liquefied petroleum gas (LPG) import, blending and re-export to regional markets from November. 

Hambantota International Port Group (HIPG) will provide Laugfs Gas a pipeline connection from the jetty to the LPG distributor’s tank farm in the port to enable gas imports and exports, a joint statement said.

“The Laugfs Group’s potential customers are some of the fast growing economies positioned in close proximity to the Hambantota Port like, India, Bangladesh, Maldives, Myanmar and East Coast of Africa.”

W. K. H. Wegapitiya, Group Chairman of Laugfs Holdings said Laugfs has plans to bring LPG in larger vessels from international markets like the Gulf, US, and Singapore to Hambantota. 

The port’s two jetties dedicated for oil, gas and petroleum business makes it convenient for the company, especially since the port will provide them with a connection facility to unload vessels through a pipeline connecting to their facility about 3 km from the jetty, he said. 

This would help the firm transfer the LPG from ships direct to their facility, in large quantities of 20,000 to 30,000 metric tonnes.  

Mixing and blending will then be done to create different LPG products, according to market demand, and these would then be exported from Hambantota to Indian Ocean rim countries. 

“Once Laugfs terminal opens in November this year, we would be bringing close on 30 ships per month; 20 of them would be owned by us,” Wegapitiya said.

HIPG chief executive Ray Ren said that their first partnership with a local entrepreneur of Laugfs Gas calibre would be a major confidence boost for the Hambantota Port enterprise.  

“The synergies HIPG and Laugfs will bring will give the port the impetus to position itself not only as an energy hub but also as a major international player for shipping and logistics.  It will also open up a wealth of local job opportunities in different disciplines, which would be a boon to locals seeking employment and in the long term, the Sri Lankan economy.” 



https://economynext.com/Sri_Lanka%E2%80%99s_Laugfs_Gas_in_partnership_with_Chinese_Hambantota_Port_operator-3-12092-8.html

ruwan326

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@ruwan326 wrote:Sri Lanka’s Laugfs Gas in partnership with Chinese Hambantota Port operator-Oct 03 2018


Sri Lanka’s Laugfs Gas said it has struck a partnership with the Chinese operator of Hambantota port on the south coast to begin liquefied petroleum gas (LPG) import, blending and re-export to regional markets from November. 

Hambantota International Port Group (HIPG) will provide Laugfs Gas a pipeline connection from the jetty to the LPG distributor’s tank farm in the port to enable gas imports and exports, a joint statement said.

“The Laugfs Group’s potential customers are some of the fast growing economies positioned in close proximity to the Hambantota Port like, India, Bangladesh, Maldives, Myanmar and East Coast of Africa.”

W. K. H. Wegapitiya, Group Chairman of Laugfs Holdings said Laugfs has plans to bring LPG in larger vessels from international markets like the Gulf, US, and Singapore to Hambantota. 

The port’s two jetties dedicated for oil, gas and petroleum business makes it convenient for the company, especially since the port will provide them with a connection facility to unload vessels through a pipeline connecting to their facility about 3 km from the jetty, he said. 

This would help the firm transfer the LPG from ships direct to their facility, in large quantities of 20,000 to 30,000 metric tonnes.  

Mixing and blending will then be done to create different LPG products, according to market demand, and these would then be exported from Hambantota to Indian Ocean rim countries. 

“Once Laugfs terminal opens in November this year, we would be bringing close on 30 ships per month; 20 of them would be owned by us,” Wegapitiya said.

HIPG chief executive Ray Ren said that their first partnership with a local entrepreneur of Laugfs Gas calibre would be a major confidence boost for the Hambantota Port enterprise.  

“The synergies HIPG and Laugfs will bring will give the port the impetus to position itself not only as an energy hub but also as a major international player for shipping and logistics.  It will also open up a wealth of local job opportunities in different disciplines, which would be a boon to locals seeking employment and in the long term, the Sri Lankan economy.” 



https://economynext.com/Sri_Lanka%E2%80%99s_Laugfs_Gas_in_partnership_with_Chinese_Hambantota_Port_operator-3-12092-8.html
These days shares run with NEWS Wink
So do your analysis before invest and make sure you can hold for long if you buy any share.

Tharu24 +


Stock Trader
@ruwan326,I need a favour. I have encountered a technical problem in accessing other forum"Equity index page".Can you please send me the link.Thanks!

ruwan326

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Tharu24 + wrote:@ruwan326,I need a favour. I have encountered a technical problem in accessing other forum"Equity index page".Can you please send me the link.Thanks!
https://www.theequitycheck.com/

Tharu24 +


Stock Trader
Thank you very much!!

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum