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
Attacked opposition MPs of Sri Lanka ponder legal action
-- [4 minutes ago]
Sri Lankan President distributes title deeds to 5,500 Mahaweli families
-- [26 minutes ago]
New bridge across Batticaloa lagoon connects communities in Eastern Sri Lanka
-- [1 hour and 24 minutes ago]
Sri Lanka cricket authority has no contact with national coach
-- [2 hours ago]
Sri Lankan Muslim religious body to meet President and Chief Prelates to discuss suppression of Muslim community
-- [2 hours ago]
State doctors in Sri Lanka threaten to strike from Tuesday
-- [3 hours ago]
Sri Lanka’s main opposition to raise privilege issue in parliament and complain to the IPU
-- [3 hours ago]
Slots in Sri Lankan parliament for Matara and Kurunegala districts reduced
-- [3 hours ago]
International media watch dog condemns an attack on Tamil journalist in Northern Sri Lanka
Sri Lanka's private sector retirement fund yet to publish accounts for 2011 - Opposition MP

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.