In 2002, the Government decided that there should be public intervention in the LPG market.
The Corporation was instructed by the Government to take over the country’s total requirements from the existing importers with effect from January 2003. Presently, STC does not own the technical infrastructure for storage and consequently it has to sell its products straight away in bulk to the local LPG companies.
Recap on Importation of LPG by STC (2013 to 2023)
|
Supply Period |
Supplier |
Contract Quantity (MT) |
| 1 Nov 2022 - 31 Oct 2023 | OQ Trading Limited | 80,000 |
| 1 Nov 2021 - 31 Oct 2022 | Petredec Ltd | 78,000 |
| 1 Nov 2020 - 31 Oct 2021 | Petredec Ltd | 78,000 |
|
1 Oct 2019 – 30 Sep 2020 |
Glencore Energy UK Ltd |
78,000 |
|
1 Oct 2018 – 30 Sep 2019 |
Petredec Ltd |
78,000 |
|
1 Oct 2017 – 30 Sep 2018 |
Petredec Ltd |
75,000 |
|
1 Oct 2016 – 30 Sep 2017 |
Petredec Ltd |
70,000 |
|
1 Oct 2015 - 30 Sep 2016 |
Glencore Energy UK Ltd |
70,000 |
|
1 July 2012 - 30 June 2013 |
Petredec Ltd |
65,000 |
|
1 July 2013 - 30 Sep 2015 |
Petredec Ltd |
130,000 |