Litro Gas hikes prices
Parallel to the Liquefied Petroleum (LP) Gas price hike in the world market the Litro Gas Lanka Ltd increased the prices of their domestic LP Gas cylinders from yesterday.
Litro Gas Chairman Muditha Peiris told at a special press briefing held last afternoon at the Litro Head Office in Colombo that the revised prices would be applicable from midnight yesterday (4 ). The prices of all three varieties of domestic LP gas cylinders would be increased. The price of a 12.5kg domestic LP gas cylinder is increased by Rs.343 and the new price stands at Rs. 3,470. The price of a 5kg domestic LP gas cylinder is increased by Rs.137 and the new price stands at Rs.1,393 while the price of 2.3kg domestic LP gas cylinder is increased by Rs. 63 and the new price stands at Rs.650.
The Chairman said Litro Gas Company was compelled to implement a price revision, as per the price revising formula, in consideration of the current prices prevailing in the global market.
The revised prices are as follows:
12.5kg cylinder increased by Rs. 343 (New Price – Rs. 3,470)
05kg cylinder increased by Rs. 137 (New Price – Rs. 1,383)
2.3kg cylinder increased by Rs. 63 (New Price – Rs. 650)