The price of 12.5kg domestic LITRO gas cylinder has been reduced by Rs. 113 from midnight today, LITRO Lanka Chairman Muditha Peiris said.
Accordingly, the new retail price of the 12.5kg gas cylinder will be Rs. 4,551.
The 5 kg gas cylinder will be reduced by Rs.45 and the 2.3 kg cylinder will be reduced by Rs.21 from tonight.
The price reduction is mainly due to the fluctuation in global gas prices, the chairman said.
The price revision took place by collective efforts taken by the Finance Ministry, Consumer Affairs Authority (CAA), the Presidential Secretariat and with LITRO Lanka Ltd., following new added features to the existing gas price formula. Earlier, price of domestic LITRO gas cylinders was reduced on August 9.
President Anura Kumara Dissanayake stated that if the current government fails to meet the expectations…
There have been abuses in the issuance of permits for expatriate workers to import electric…
The International Monetary Fund (IMF) reached a staff level agreement with Sri Lankan authorities, paving…
Sri Lanka Embassy in Brussels participated at the European Parliament “Fair Trade Breakfast-2024”, on 13…
etstar Asia yesterday launched its Colombo-Singapore direct route positioning itself as the only low-cost carrier…
Solo travellers are getting older and are increasingly drawn to Asian destinations – with Sri…
View Comments
Next time just reduce instead of waiting some days. Rs. 113 reduction for 12.5kg cylinder is only about 2.5%. Europe is pushing hard to reduce it's dependency on imported piped gas from who they most oppose (Russia), if that continues through their winter, maybe we can get some better reduction with the new gas price formula. Anyway, wonder how's the VAT increase going to or not going to be applied?