New gas terminal for Laugfs
Sri Lanka's gas storage capacity will
increase by fifty per cent by Laugfs Group of Companies with the
setting up of a new terminal in Galle. Under this project another
5,000 metric tonnes of gas storage terminal will be built one
kilometre away from the Galle Port, General Manager Finance, Laugfs
Group of Companies, Wasantha Ranasinghe told Daily News Business.
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Poor show at Colombo Port irks shippers
The prevailing situation at the Colombo Port due
to poor infrastructure facilities and security issues along with 100
per cent increase of freight charges would further aggravate the
problems in the coming months, Chairman National Chamber of
Exporters P.K. Rajapaksha told the Daily News.
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Euro 30m joint venture for fertiliser, power generation
Global Environmental Technologies and Golden
Sunrise (Private) Limited which is a BOI enterprise will invest Euro
30 million on fertilizer production and power generation project in
Sri Lanka.
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