📈 Sri Lanka Awards 2027 LPG Supply Contract to Oman's OQ Trading

• Contract Overview: Sri Lanka's Cabinet approved a 12-month deal awarding Oman's OQ Trading Limited the procurement contract to supply energy sector needs via 420,000 MT (±20%) of Liquefied Petroleum Gas (LPG) starting 1 January 2027. • Pricing & Volumes: Secures a guaranteed minimum quantity of 336,000 MT at Saudi Aramco Contract Price plus US$ 133.93/MT on a Cost, Insurance, and Freight (CIF) basis. • Competitive Procurement: Awarded to the lowest substantially responsive bidder following an international competitive bidding process that evaluated 4 submitted proposals.