Litro Gas Awards 2027 LPG Supply Contract to OQ Trading Limited
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Sri Lanka’s Cabinet has authorised a 12-month LPG supply agreement between Litro and Oman’s OQ Trading Limited, beginning on 1 January 2027. The contract is for 420,000 metric tonnes, subject to a 20% variation above or below the planned amount.
Minister Nalinda Jayatissa said the deal ensures at least 336,000 metric tonnes will be supplied. The price is calculated using Saudi Aramco’s contract benchmark and adding US$133.93 for each tonne, with cost, insurance and freight included.
Jayatissa said an international competitive tender drew four bids. He described OQ Trading as the lowest bidder whose offer met the substantial requirements. The reports give no further detail on the other bidders or on subsequent implementation steps.
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