Both gas suppliers slash price of cooking gas by big margin

By Rathindra Kuruwita

The state owned Litro Gas Lanka Ltd., and Laugfs Gas PLC slashed the price of their domestic liquefied petroleum (LP) gas by a big margin with effect from midnight yesterday.

Litro Chairman Muditha Peiris said the price of a domestic cylinder of gas weighing 12.5 kilos had been reduced by Rs 1,005 and the revised price was Rs 3,738. The price of a five-kilo cylinder of gas had been reduced by Rs 402 to Rs 1,502 and that of a 2.3 kilo cylinder by Rs 183 to Rs 700, he said.

Laugfs Gas has reduced the price of a 12.5 kilo cylinder of gas by Rs 1,290 and the revised price is Rs 3,990. The new price of its 5 kilo cylinder of gas is Rs 1,596 a reduction of Rs 516.