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No decision to increase gas prices yet: Minister Bathiudeen

21 February 2018 08:33 am - 8     - {{hitsCtrl.values.hits}}

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Government has not been decided to increase the price of domestic gas in the upcoming days until the pricing formula is finalised, Industry and Commerce Minister Rishard Bathiudeen said.

Addressing the media at the ministry yesterday he said several requests had been made to the Ministry by the two main gas companies (Litro and Laugfs) for immediate price increase.

“The Ministry cannot approve any sudden price increase for domestic gas. The gas had become an essential consumer item and therefore the government had decided not to increase the prices despite the fluctuation of the world market price,” the Minister said. During the earlier cabinet meeting it had been decided to formulate a common price formula for gas.

“The individuals who want to increase gas prices should submit their proposals to the cabinet.” Minister Bathiudeen said. The rumors are spreading in websites about the gas price hike by Rs.300 per domestic cylinder and no truth in it, he added. (Chaturanga Samarawickrama)

  Comments - 8

  • Sunil Wednesday, 21 February 2018 09:03 AM

    Not as yet, but it will definitely come.

    Premalal Wednesday, 21 February 2018 09:20 AM

    This is the bigining. Wait for Petrol, Wait for diesel, wait for electricity wait for transport wait for water, wait for your life to be shortened . They rob we pay.

    vasu Wednesday, 21 February 2018 09:37 AM

    Sri Lankans are unable to buy Apartment houses in colombo due to very high prices, this happened after Former Finance minister Ravi removed the taxes for foreigners to purchase below 4th floor of apparments without paying taxes to goverment, Dear JO MP Bandula Gunawardana please araise your voice to reimpliment the tax for forign buyers including dual citizens.

    Sambo Wednesday, 21 February 2018 09:40 AM

    That means it will take place very soon. We have got used the language of our local ministers.

    Chari Wednesday, 21 February 2018 11:13 AM

    What else will go up. Petrol, Diesel and Kerosene as well.Government never learns. Bring down the cost of Parliament first and help the People. Luxury Vehicles..... while people struggle for survival.Shame......

    lanka Wednesday, 21 February 2018 05:11 PM

    Rishard Bathiudeen you are playing politics with the economy! The Rupee has gone down in value against foreign currencies and it is the poor public who has to bear the burden of a failed government. Clueless ministers like you should get lost.

    Kussiamma Wednesday, 21 February 2018 06:10 PM

    After the General elections in two years!!!

    nick Wednesday, 21 February 2018 07:52 PM

    the fastest earner of sl politics with rocketing asset in relatives names came with a bag pack from tsunami but now houses in Malaysia via DM Android App


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