LP Gas prices increased due to global market surge

5 April 2026 08:20 pm Views - {{hitsCtrl.values.hits}} 3 Bookmark

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Colombo, April 5, Daily Mirror - Due to rising global energy costs linked to the ongoing international conflict, Litro Gas Lanka Company has announced an increase in domestic LP gas prices with effect from midnight today.

The company said the surge in world market prices has significantly raised import costs. However, taking into account the upcoming New Year season and the increasing cost of living, it has opted to limit the price hike without passing the full burden onto consumers.

Accordingly, the revised prices for the Colombo District are as follows:

12.5kg cylinder: Increased by Rs. 775 to Rs. 4,765
5kg cylinder: Increased by Rs. 308 to Rs. 1,910
2.3kg cylinder: Increased by Rs. 140 to Rs. 890

Meanwhile, Litro assured that adequate stocks are available to ensure uninterrupted supply. The company said that 38,000 metric tons of LP gas ordered for April are currently in floating storage in the Maldives, enabling continuous islandwide distribution.

It further said that the vessel Luigi Galvani is nearing the Maldives carrying 20,000 metric tons, while the Freycinet vessel has departed South America with an additional 20,000 metric tons. These shipments are expected to maintain steady supply through May.

Chairman Channa Gunawardena said the company remains committed to ensuring uninterrupted supply despite global challenges.

Comments - 3

melville perera Sunday, 05 April 2026 08:59 PM

what a stunning increase for existing stocks

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S Appa, USA Monday, 06 April 2026 06:28 AM

The fossil fuel crisis is a global economic problem. The respective countries/governments are doing their best to lessen the effects. It’s beyond their capabilities. The governments could serve the people best by a good governance and prevent any hoarding. We have to deal with the crisis diligently by comforting ourselves that no South Asia country is immune from the same. If someone loses $money someone will have the profits, that’s business as simple as that. No hard feelings, it’s easier said than done. No immediate simple alternatives.

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Bernard Monday, 06 April 2026 08:13 AM

If the govt sways according to the global price fluctuations, why are they in power? This is what you said when in opposition. Now people are asking you, be duty minded to respond.

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