“We have officially stepped back from Siyolit, and we are not willing to work with Laugfs Gas (Pvt.) Litro has been consistently supplying the consumers with gas, while Laugfs Gas cannot even be found in the market. The SPV was also meant to include directors from both Litro Gas and Laugfs Gas. Jayasundara by Litro, he had informed Litro to propose an alternative solution to replace the proposed SPV. Thus, the Unity warned that if the Treasury Department does not grant monetary assistance to purchase LPG, Litro Gas will not be able to import LPG from November onwards.
Source: The Nation October 03, 2021 18:00 UTC