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
Opposition lawmakers on fact finding mission attacked in Sri Lanka
-- [1 hour and 34 minutes ago]
EU General Court says ruling to lift sanctions on LTTE is a legal ruling not a political decision
-- [2 hours ago]
Asia Foundation and Justice Ministry assess land disputes in Sri Lanka's Northern and Eastern Provinces
-- [2 hours ago]
Tamil organization seeks MOU between Sri Lanka and India to facilitate return of Tamil refugees
-- [3 hours ago]
Sri Lanka Railways to transport fuel to North by trains
-- [3 hours ago]
Sri Lanka Defense Secretary and Indian Defense Minister discuss enhancing military ties
-- [3 hours ago]
Sri Lankan President launches sixth phase of Divi Neguma domestic agriculture program
Trade unions in Sri Lanka protest demanding Rs. 10,000 wage hike
Five suspects surrender to police over attack on Sri Lanka university students
Sri Lanka Navy deploys personnel to assist flood victims

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.