LITRO to reduce prices of gas after Friday

1 August 2022 12:11 pm - 6 - {{hitsCtrl.values.hits}}

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LITRO Gas Lanka Ltd has decided to reduce the selling prices of the domestic gas cylinder by August 5, LITRO Lanka Chairman Muditha Peiris said.

He said the decision was taken considering the price reduction in the world market and that the company could be assured of granting the gas price reduction by August 5.

However, the gas price will be reduced more than the amount of the recent price increase, he said.

The selling price of a 12.5kg domestic gas cylinder was increased by Rs.50 recently, and the current price is Rs.4,910.

Therefore, the chairman requested the sales agents to release their gas stocks to the market as the price was going to drop.

"As we announced twenty days ago, a total of 2.2 million domestic gas cylinders have been released to the market, reducing the shortage and queues by nearly 100 percent." With the help of the World Bank, we had to increase gas shipments very quickly to restore the gas shortage. We will continue with this process to completely overcome the situation," the chairman said. (Chaturanga Samarawickrama)

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Comments - 6

Ben Monday, 01 August 2022 01:20 PM

Revelings of COPE sessions exposed,how Litro attempted to steal money by buying $129 when available for $96, its shame Peoria

Haid Monday, 01 August 2022 01:26 PM

Bravo. Hreat news

Roshanaly Monday, 01 August 2022 01:36 PM

We should thank the Aragalaya.

Sinna Tuesday, 02 August 2022 05:27 AM

This chairman seems an acolyte of a politician, buying gas for higher price to grab a big commission for them and charge commission collected by consumers,this unscrupulous guy must arrest and questioned for misappropriation of public funds and fraud

Prasath Tuesday, 02 August 2022 03:16 PM

Reduce more than 10 rs per cylinder, atleast it will be more than the diesel reduction ha ha haaaaa

Gas Netha Wednesday, 03 August 2022 06:57 AM

Of course, they've raised their prices for generations to come!!!

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LITRO to reduce prices of gas after Friday

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