LAUGFS gas prices remain unchanged

Colombo, June 5 (Daily Mirror) - LAUGFS Gas PLC has announced that domestic LPG prices will remain unchanged for June despite rising global procurement costs, supply chain challenges, and the depreciation of the Sri Lankan rupee.

In a statement issued on Thursday, the company said the global LPG industry continues to face significant pressures due to geopolitical uncertainties, fluctuations in international commodity prices, elevated freight charges, and disruptions in supply chains. These factors have increased the landed cost of LPG imports in many markets worldwide.

However, LAUGFS Gas said it has taken proactive measures to optimize its supply chain and improve operational efficiencies in order to absorb a substantial portion of these cost increases without passing the burden on to consumers.

Accordingly, the company confirmed that the price of a 12.5kg domestic LPG cylinder will remain at Rs. 6,245, while the 5kg cylinder will continue to be sold at Rs. 2,500 during June.

The company said that the announced prices are applicable to the Colombo District and may vary in other districts depending on transportation and distribution costs.

LAUGFS Gas said that it remains committed to maintaining stable supplies, ensuring high safety standards, and delivering reliable service to customers despite the challenging global operating environment.

Customers seeking information on district-wise prices or product availability have been advised to contact the LAUGFS Gas hotline on 1345.