CAA yet to act on gas price revision

1 January 2012 06:30 pm - 3 - {{hitsCtrl.values.hits}}

A A A

The authorities have not yet taken a decision to increase domestic gas prices, despite such a request from the Laugfs Gas Company, official sources confirmed yesterday.

According to the price revision formula, the prices should have been revised yesterday, January 1, as the last price change took place in November last year.

A Consumer Affairs Authority spokesman told the Daily Mirror yesterday that the Laugfs Gas company had submitted an application last month seeking permission to increase the price of a 12.5kg domestic cylinder by about Rs. 200, but no decision had been taken about it so far.

He also said the CAA would meet soon to review gas prices under the present procedure requiring an evaluation once in two months. (SJ)

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

Comments - 3

andrewjehan Monday, 02 January 2012 03:45 AM

In this revision process - the gas companies will always ask for rate increases when the world price increase, but who will be responsible for asking for a decrease if the world prices reduce?

Kenny_G Monday, 02 January 2012 04:09 AM

"Labuwau Nawa Wasara samayen, sathutin piri wasarak wewa"

punchi Monday, 02 January 2012 10:20 AM

Well said.
If prices decrease do us consumers get the benifit.... hardly. Nowadays responcibilty is a joke

Add comment
Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

CAA yet to act on gas price revision

Comments - 3

Add comment

RECOMMENDED

Bittersweet memories of a ‘City that never slept’

Revisiting the Attack on Thirukumar Nadesan in India

Spotlight on Attorney General’s Department and Public Service Commission

How a 19-year-old TikToker is helping bring back the Woolly Mammoth!

Unmasking Sri Lanka’s Pyramid Parasites

Writing Letters to Michele Bachelet Causes Turmoil Within the TNA

A state-sponsored elephant racket in the works

Most Viewed in News

US tourist left SL after 5 hours stay; minister calls for probe

Yohani returns from India

Revisiting the Attack on Thirukumar Nadesan in India

President said some recommendations cannot be implemented - Cardinal

Current restrictions likely to be extended until Oct. 31

Lobby group threatens legal action against use of MRNA vaccines in Sri Lanka

TODAY'S HEADLINES

Sailing to protest against Indian poachers

Cardinal Malcolm Ranjith calls for support of international community President said some recommendations cannot be implemented: Cardinal

New variants can enter the country at any time, warns Health DG

Lovers electrocuted by live wire in cinnamon plantation

MIRROR CRICKET

England take early T20I series lead over Sri Lanka

New Zealand clinch World Test title

LPL 2nd edition from July 30-August 22-SLC

Sanath Jayasuriya signs as coach at Melbourne cricket club Mulgrave

Scotland in shock win over Bangladesh

Kandy Players Seek Fair Chance

Du Plessis to make first appearance in LPL

Oman trounce Papua New Guinea in T20 World Cup opener