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Govt. Takes Over Shell

Nov 3, 2010 7:33:31 AM - thesundayleader.lk

The name of Shell Gas Lanka is to be changed to Litro following the purchase of 51% of Shell shares by the government.

The government today (3) signed the agreement to buy 51% shares of the Shell Gas Lanka and Shell Terminals. The shares were bought at US$ 63 million.
Government sources have told the media that President Mahinda Rajapaksa’s Chief of Staff,
Gamini Senarath will be appointed as the Chairman of Litro.