President Gotabaya Rajapaksa and the the cabinet of ministers have decided not to increase Gas prices in Sri Lanka.
According to Cabinet decisions Government has decided to restructure the LP Gas Industry of Sri Lanka with implementing four recommendation.
• Litro Gas Company and Laugfs Gas Company continue to sell a 12.5 kg domestic gas cylinder at Rs. 1493/- as currently prescribed by the Consumer Affairs Authority.
• Purchasing, transporting and storing gas associatively by both companies and using
the Hambantota Gas Terminal for this purpose.
• Appointment of a committee consisting of experts in the relevant fields including
representatives of Litro Gas Company and Laugfs Gas Company to carry out the
procurement affairs, transportation and storage affairs related to the purchase of the required LP Gas for the country.
• Implementing the recommended methodology by the subcommittee within the next
6 month and take appropriate steps based on its progress.
