【Information of Sri Lanka】

1. The two largest gas companies in Sri Lanka are:

Source: LP gas situation survey inspection team report in Sri Lanka (JSGA project)

● LITRO GAS LANKA LTD

    Sri Lanka is a state-owned company with the top share of LP gas supply (about 73%)

    (about 99% owned by the country).

     <LPG is 95% imported, the import source is nearby Asia (Singapore, Thailand, etc.)>

  A) Annual consumption: Approximately 326,000 tons / year

      [General consumption (small / medium scale) 73%, commercial 9%, industrial 18%]

  B) Number of containers filled daily: Approximately 65,000 / day

  C) Delivery to each state

       ・Delivered by tank truck to industrial companies

       ・Delivered to general consumers with a trailer full of containers

        Delivered by light truck or bicycle via a sales company

                                 [Demand destination: 57% is in urban areas]

  D) Container filling, delivery, and sales companies

                                 (35 wholesale companies, 7,500 sales companies)

  E) Of about 16 million households

          Use of LP gas = Approximately 6 million households (35%)

          Use of firewood = Approximately 10 million households (65%)

  F) LP gas consumption has been changing at about 14% to 17% every year compared to the                previous year (growth rate).    LITRO GAS policy based on the current situation

       ・Annual LP against the backdrop of increasing LP gas consumption due to an increase in                 business people and tourists.  Based on the situation where the market expansion of gas                  import volume is expected to be about 20% every year, "Ministry of Public Enterprise Affairs"

          As a state-owned company under its control, it is interested in expanding and establishing                new LPG bases.

          Also, I am very interested in improving the delivery network by using the bulk supply                      system.   (For mid-sized consumers).   After selecting the area near Colombo as a test case,            support for JICA's overseas expansion support project.   I would like to hope after obtaining.            ("project survey" and "dissemination / demonstration project").

       ・Actively invest in the LP gas market and LP gas-related infrastructure in line with the.                      intention of the Sri Lankan government  proceeding.

  G) I want to utilize LPG / LNG power generation. (Power generation amount 5 to 20 MW)

      If you are interested in a Japanese manufacturer, coordinate with the Sri Lankan government.

 

● LAUGFS HOLDINGS LTD

    In Sri Lanka, it is a private company that supplies LP gas (about 27%) next to LITRO GAS.

    In addition to supplying LP gas, we are engaged in a diversification business that utilizes the            vitality of private companies.

  a) Annual consumption: Approximately 15,000 tons / year

     [general consumption (small / medium scale) 50%, commercial 21%, industrial 29%]

     In addition, as a sales strategy, we are expanding the market to large consumers (we are                 focusing on it).

  b) Filling, delivery, and sales companies (6,500 companies)

  c) Acquired a Bangladesh LP gas company (3rd place) and is expanding its business in Bangladesh.

  d) Renewable energy business and his gas station business

  e) Real estate business, ship logistics business, and hydroelectric power generation business

  f) Convenience store supermarket business and his hotel management business

 

 

 

2. Gotabaya Rajapaksa elected in Sri Lanka presidential election (November 16, 2019)

                                                                               Source: JETRO Business Brief, etc.

 1) New President Gotabaya Rajapaksa appointed his brother Mahinda as prime minister for

     the first time in Sri Lanka's history, as promised.   A government was inaugurated in which the         president  and the prime minister were brothers.

 2) This time, a large-scale infrastructure project was managed by the Rajapaxa brothers

      in line with the administration.  There are also business people who think that it is easy to

      move forward.

 3) Diplomacy

     Basically non-aligned neutral, recognizing the importance of balanced diplomacy,

     with particular emphasis on strengthening relations with India doing.

 4) Issues of the new administration

     ・The new Prime Minister Mahinda was defeated in the last 2015 presidential election,

        partly because of his achievements during his former presidential era.

        There is a possibility of paying attention to "building omnidirectional relationships that are

        not all about China".

     ・In the future, while maintaining the support of the people, gaining the trust of

        foreign investors and exporting through appropriate ecnomic policies

       It is urged to promote such as attracting companies for expansion.

     ・Considering "rebuilding security" and geographical importance after terrorism

       "Emphasis is placed on the potential for further economic growth, taking into account access             to the Indian market."

 

 

 

3. Japan's efforts toward a "free and open Indo-Pacific" are expected.

                                                                               (Ministry of Foreign Affairs website)