Business
A technical explanation on L.P. Gas and its composition
As an importer of LPG to the country, LAUGFS Gas follows the standards published by the Sri Lanka Standards Institute and LAUGFS Gas PLC has its LPG specifications accordingly. LAUGFS Gas PLC has never released LPG with low standards.
Composition of LPG is used according to the temperature zones and in a range of Propane / Butane: 30% / 70% is used in Sri Lanka accordingly. Mostly 100% Propane is used in ice-forming cold countries. LAUGFS Gas PLC uses LPG with average composition of Propane / Butane: 30% / 70% in Sri Lanka. LAUGFS Gas PLC has never released LPG with composition of Propane / Butane: 50% / 50%. There is no truth in the statements that LAUGFS Gas PLC violates the standards stipulated by Sri Lanka Standards Institute. It is the responsibility of Gas Companies to ensure the standards of LP Gas cylinders and LAUGFS Gas PLC ensures the same properly and use the standards stipulated by Sri Lanka Standard Institute.
It is the duty of the Sri Lanka Standards Institute and other relevant State Institutions to define the composition of ingredients and properties of LPG and monitor compliance.
In certain occasions, some have declared LPG-related incidents are caused by bursts of LPG cylinders but in reality, there is no single incident of such burst of LPG cylinders in recent history in Sri Lanka. Most of the incidents are caused by a lack of knowledge by LPG consumers and improper usage. Some media and personals have declared the opinion of the LPG tank as a bomb and it is a misleading concept. This is known by technical experts who are knowledgeable on the behaviour of LPG.
It is revealed by LAUGFS Gas PLC and other State institutions in their investigations that the root cause for domestic and industrial LPG-related incidents is the lack of awareness of proper usage of LP Gas and malpractices followed.
A process of making consumers aware by conducting programs and by distributing leaflets is practiced by LAUGFS Gas PLC all over the country. It will be highly supportive to the society to protect from LP Gas incidents if the State Institutions and media implement and effectively contribute to such awareness programs.
The Business World International Conference and Awards Ceremony organised by Business World International Organisation INC-USA, the event which is recognized as one of the most prestigious Business Award Festivals in the Asia Pacific Region, was held at the Mount Lavinia Hotel, Colombo with the participation of several business personalities and celebrities of Sri Lanka. The Joint Chief Guests were Dr. Purna Bahadur Nepali (Ambassador of Nepal to Sri Lanka) and Prof. Dr. Dietmar Doering (Founder / Chairman – AGSEP Research and Advisory Board Member of Business World International Organization – USA). Guests of Honour were Tham Whye Long (First Secretary/Head of Chancery – High Commission of Malaysia in Sri Lanka), Prof. Dr. Rohan De Silva (President – Sri Lanka Chamber of Small and Medium Industries), (Retd) Major General R. A. J. N. Ranasingha (RSP USP NDC MSC – Sri Lanka Army), Dr. Rohan Pallewatta (Excutive Chairman of the Start-Up High Tech Company – Lanka Harness, a BOI approved company operating in the Free Trade Zone at Biyagama in Sri Lanka), Dr. Kishu Gomes (Chairman – Exterminators PLC, Group Managing Director / CEO – Dreamron Group of Companies & Advisory Committee Member – Sri Lanka Tourism), Dian Gomes (Nonorary Consul of Georgia in Sri Lanka, Chairman – Colombo School of Business Management & Independent Non-Executive Director – Nestle Lanka Ltd).
Special Guests were Rt. Rev. Bishop Prof. Dr. Nissanka Weerappulige (Advisory Board Member of Business World International Organization – USA), Prof. Dr. Dame Anoma Weeraratne Wijenayake (Advisory Board Member of Business World International Organization – USA), Gerd Heinzerling (Advisory Board Member of Business World International Organization – USA), Priyantha Padmasiri (President – Sri Lanka Canada Business Council), M. H. K. M. Hameez (Vice President – Sri Lanka Canada Business Council & Immediate Past President – Sri Lanka Malaysia Business Council). The invitees were graciously welcomed by Dr. Anthony Dexter Fernando (Chairman – Business World International Organisation USA – International Chapter), Dr. Tharindu Wijenayake (Deputy Chairman – Business World International Organisation USA – International Chapter) and Dr. Emerita Wijenayake (Project Chairperson & Director – Business World International Organisation USA – International Chapter).
Sampath Bank recently formalised a strategic partnership with the Chamber of Young Lankan Entrepreneurs (COYLE) by signing a Memorandum of Understanding (MOU) at its Head Office. This partnership highlights Sampath Bank’s ongoing commitment to promoting innovation, driving business growth, and empowering Sri Lanka’s entrepreneurial ecosystem.
Through this collaboration, Sampath Bank will serve as the official banking partner for the COYLE Awards and the Young Lankan Program, two flagship initiatives that recognise business excellence and nurture emerging leaders. Supporting these initiatives allows the Bank to create a strong pipeline for SME engagement, provide access to tailored financial solutions, and build meaningful relationships with the country’s leading entrepreneurs.
ANC, a leading Lankan higher education provider, partnered with Northwood University to host the 2025 NUCARS simulation in Sri Lanka for the first time. Held from April 7–11, the event brought together students from the U.S., Europe, and Sri Lanka for an immersive, hands-on learning experience in automotive retail strategy. Twenty-two ANC students participated, showcasing their ability to compete globally. Celebrating its 28th anniversary, NUCARS emphasized teamwork, cross-cultural collaboration, and real-world business decision-making—highlighting ANC’s commitment to delivering globally recognized education and empowering students with essential skills for the international marketplace, said a release.
Only a small amount of the funds allocations has reached for the development of the rural sector. Most of it ended up in the pockets of individuals along the way – Prime Minister
Ongoing efforts to investigate the Easter Sunday attacks and uncover all truths without obstruction or delay remain a top priority – PM .
IPL 2025: Buttler bosses the chase to power Gujarat Titans to No.1
-
Business1 day agoDIMO pioneers major fleet expansion with Tata SIGNA Prime Movers for ILM
-
Business7 days agoIMF staff team concludes visit to Sri Lanka
-
Features3 days agoNipping the two leaves and the bud
-
Features3 days agoAvurudu celebrations … galore
-
Latest News6 days agoSun directly overhead Delft, Pooneryn, Elephant pass and Chundikulam at about 12:10 noon today (14th)
-
Latest News6 days agoLet us collectively support the government’s vision for economic, social, and political transformations – President
-
Features2 days agoProf. Lal Tennekoon: An illustrious but utterly unpretentious and much -loved academic
-
Latest News5 days agoTrump freezes $2bn in Harvard funding after university rejects demands