There will be a price reduction of a domestic gas container of 12.5 kilograms by Rs.125 or 130 in the near future with the newly established company to deal with the gas business in the country, a state minister said.
Cooperative Services, Marketing Development and Consumer Protection state minister Lasantha Alagiyawanna said yesterday a board of directors and a chairman had already been appointed by the government for the purpose.
The importation of gas, storage and distribution will be handled by this new company, a subsidiary of CEYPETCO hereafter, he added.
Minister Alagiyawanna told the media that the unsatisfactory trading of gas by the two companies that had a monopoly on the country’s domestic gas business compelled the government to switch to an alternative strategy and establish the new company.
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