Business
Powerhouse Partnerships: LAUGFS Gas and Lanka IOC to reshape Sri Lanka’s energy sector
LAUGFS Gas PLC, a leading energy solutions provider, and Lanka IOC, a prominent petroleum company forged a strategic partnership. This collaboration marks a pivotal moment in the industry as these two giants unite to drive innovation, enhance operational efficiency, and elevate customer service standards for the local LPG customer base.
The LAUGFS Gas and Lanka IOC partnership envisions a future where extended service hours, available 365 days a year, become the norm, with LAUGFS Gas products readily accessible at all Lanka IOC stations. This partnership will also introduce a range of extended service offerings, further enriching the customer experience. By leveraging their expertise in their respective domains, both companies are committed to setting the standard in the LPG and petroleum product retailing industries.
Director/Cluster CEO, LAUGFS Gas PLC – Dr Niroshan J Pieries noted: “We are pleased to partner with Lanka IOC a powerhouse of local petroleum industry as we look to the future as we continue to uphold and push the boundaries of innovation and collaboration in energy. With the coming together of these two titans of the industry, we aim to spark a change for a more efficient, customer-focused future to further satisfaction and ease of purchase.”
Since its entry into the local LPG industry in 2001, LAUGFS Gas has experienced remarkable growth and has become a trusted brand synonymous with quality and consistency. With an extensive network of over 7000 dealers and 31 distributors, LAUGFS Gas is well-positioned to meet the nation’s energy requirements. This nationwide sales and distribution network is further supported by a modern fleet of LPG tankers and state-of-the-art 33000 MT storage and filling facilities in Hambantota and Mabima, both operated with the highest international safety standards.