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
Sri Lanka opposition protests against government's casino legislation
-- [5 hours ago]
Sri Lankan parliamentary approval for one of the three controversial casino legislations
-- [5 hours ago]
Employees of Sri Lanka's zoological garden urge authorities to re-commence elephant dances
-- [5 hours ago]
Discovery of contaminated plastic bottles during raid raises alarm on water sold in Sri Lankan market
-- [6 hours ago]
Consumer movement urges Sri Lankan government to remove the fuel surcharge from the electricity bill
-- [6 hours ago]
Sri Lanka Attorney General's Department sets up provincial units
Sri Lanka briefs diplomatic community on measures taken to subdue renewed threat of terrorism
Sri Lankan President vows to take strict action against lawbreakers, not to permit religious discord
Parliamentary delegation of Balochistan visits Sri Lanka
Sri Lanka business chamber conducts workshop on media Strategies for corporate sector

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.