Lankapage Logo Recent Top Stories
CP 13 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Domestic LP gas prices raised in Sri Lanka
Sat, Jan 5, 2013, 10:34 pm SL Time, ColomboPage News Desk, Sri Lanka.

Jan 05, Colombo: Sri Lanka's Consumer Affairs Authority has allowed the country's LP gas suppliers, Litro and Laugfs, to raise the price of a 12.5 kg gas cylinder, effective from midnight Saturday (05).

Accordingly price of a 12.5 kg LP gas cylinder will be increased by Rs. 150. The new price of a both Litro and Laugfs LP gas cylinder will be Rs. 2,396.

The Consumer Affairs Authority said it has reviewed the requests by both, state-owned Litro and Laugfs, to raise the price of a 12.5 kg gas cylinder and agreed that the request was reasonable considering the rise in global market.

Litro sought a Rs. 300 increase on a 12.5 Kg gas cylinder while Laugfs requested a Rs. 517 increase. However, the Authority had only allowed an increase of Rs 150.

The Consumer Affairs Authority explained that the price hike was necessary, since the price of a metric ton of LP gas in the world market has risen from US$ 606 in July to US$ 1,008 in November.

Sri Lanka consumer authority reviews and revises the LP gas prices bimonthly.



ColomboPage - Recent 10 Stories
Proposal to increase cigarette prices in cabinet within two weeks
-- [2 hours ago]
Sri Lanka to eliminate rabies by 2020
-- [3 hours ago]
Pakistan provincial government of Punjab to increase cooperation with Sri Lanka on education
-- [4 hours ago]
Sri Lankan government will not yield to extremism in the North - State Defense Minister
-- [4 hours ago]
Indian minister with a high-level delegation to arrive in Sri Lanka tomorrow
-- [5 hours ago]
Sri Lanka Finance Minister seeks ideas from people to prepare next year's budget meeting their expectations
-- [5 hours ago]
BOI Chief to address the biz community Sri Lanka - Italy Business Council event
Sri Lanka police arrest former minister Mahindananda Aluthgamage's son for drunk driving
Sri Lanka Fisheries Ministry rescue fish from drought stricken reservoirs
Ven Omalpe Sobitha Thera steps down as chairman of JHU to pave way for new leadership

Copyright © 2000, 2012 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.