Shell gas will be issued to the market under the brand name “Litro” from today after the company was acquired by the Government after 15 years.
The Shell Gas launched as a public sector Company was sold to a multi national firm by the then Government for 38 million dollars. The present Government acquired it making a payment of 63 million dollars. Thereafter the administration of the Company came under the Government from midnight yesterday. Shell Gas was issued to the market under the brand name “Litro” under the patronage of new Chairman Gamini Senarth at the company premises at Ma-bima. The Board of Directors and the officials of the Company were present at the occasion. Gas is being distributed through 29 Agents island-wide and more than 2000 sales representatives.