When the Sri Lankan government liberalized the LPG sector in 2001, LAUGFS Gas commenced as a modest venture and quickly established itself as a major industry player . In 2010 we consolidated our position by going public on the Colombo Stock Exchange, inviting Sri Lankans from all walks of life to become shareholders. Today, LAUGFS Gas PLC is a publicly quoted company with widespread ownership across the country .
We invested early in storage and distribution to support growth. Our Mabima facility, just 15 km from Colombo, today holds over 3,000 metric tons of LPG and is being upgraded to 4,000 MT . The automated plant fills tens of thousands of cylinders per day. We have built an extensive dealer network (LAUGFS Gas Point) spanning every region, ensuring widespread availability of our domestic LPG cylinders. These efforts have earned us roughly 30% market share in Sri Lanka’s domestic/commercial LPG sector, about 60% in industrial bulk LPG, and an 85% stake in the autogas (vehicle fuel) market . All operations from production to delivery strictly follow international safety standards .
Today LAUGFS holds one of the state of the art storage and filling facility at Mabima about 15km away from Colombo. The LAUGFS plant is capable of holding 3000 metric tons of LPG at any given time. Currently plans are under way to increase the capacity to 4000 metric tons by year 2017. The filling of gas into the cylinders is carried out through an automated process and the plant has the capacity to store a large amount of empty and full gas cylinders. The cylinder plant has the capacity of filling 30,000 cylinders of different sizes per day over the next 3 years scope.
LAUGFS Gas has a robust dealer network presence in every part of the country. The dealer network better known as LAUGFS GAS POINT, thrives to distribute 12.5kg domestic LPG cylinders, 37.5kg industrial cylinders and other vital LPG accessories under the brand name LAUGFS. At present, the company enjoys more than 30% market share in the Domestic and Commercial sector and 60% in the Industrial bulk LPG market. In its auto gas retailing sector the company also holds a stake of 85% market share.
For transportation of LPG the company in is possession of a modern fleet of LPG road tankers, while the distribution of LPG gas cylinders also uses a modern fleet of heavy vehicles.
All LPG handling is done in accordance to the international safety standard measures.
Our StrategicIn January 2011,LAUGFS Gas PLC entered in to a strategic partnership with the Indian government owned( Fortune 500 company) Baharat Petroleum to introduce co-branded Metal Cutting Gas product to the Sri Lankan market. Accordingly company introduced LAUGFS Baharat Metal Cutting Gas(LBMCG) in yellow cylinder with red band
History -Our successAs the only Sri Lankan entity in the LPG business in Sri Lanka, LAUGFS has not only showed an extraordinary growth in sales but also operate as a highly profitable marketing venture. The sales trend has shown a healthy continuous growth at a rate much faster than the average market growth rate, giving LG an ever increasing share of a fast expanding LPG market in Sri Lanka.
