Laugfs given approval to increase domestic gas price

12 Aug, 2021

Laugfs has been given approval to increase the price of domestic gas.

The Consumer Affairs Authority has approved the price of a Laugfs 12.5kg cylinder to be increased to 1,856 and a 5kg cylinder to Rs. 743.

The move comes despite the Government announcing earlier it will not approve a gas price increase.

There has been a serious shortage of gas in the market with Laugfs suspending imports.

Laugfs Gas decided to suspend imports due to difficulties faced in opening Letters of Credit (LCs) and the accumulation of losses.

The Consumer Affairs Authority said that there is no increase of the price of Litro gas.(Colombo Gazette)

Recommended For You

OIC concerned over rise in anti-Muslim rhetoric in Sri Lanka

The Organization of Islamic Cooperation (OIC) has raised concerns over the rise in incidents of intimidation, anti-Muslim rhetoric and hate speech promulgated by certain groups in the country. In line with the Final Communique of the 14th Islamic Summit Conference of OIC Heads of State, which took place in Makkah on 31 May 2019, the OIC reiterated the call on the authorities in Sri Lanka to counter firmly the spread of rhetoric of hatred and intolerance, while ensuring the security and safety o

05 Jul, 2019

AG seeks arrest of suspects in Avant-Garde case

The Attorney General (AG) has instructed the Acting Inspector General of Police to arrest the suspects linked to the Avant-Garde case. Accordingly, the AG has called for the arrest of Avant-Garde?Chairman Nissanka Senadhipathi and seven others.

05 Jul, 2019

SLPP says no deal with SLFP on new alliance

The Sri Lanka Podujana Peramuna (SLPP) says it has not reached any agreement with the Sri Lanka Freedom Party (SLFP) on a new alliance. Opposition Parliamentarian Shehan Semasinghe said that there was no truth to reports that both sides had agreed on a name for the new alliance. SLFP Parliamentarian and United People?s Freedom Alliance General Secretary Mahinda Amaraweera had said this week that they agreed on the name ?Sri Lanka Nidahas Podujana Peramuna? for the proposed alliance. However b

05 Jul, 2019

Colombo Gazette is a leading news and entertainment website, covering stories related to Sri Lanka. The content consists of text based news, photos and videos and is linked to social media websites including Facebook, Twitter and Instagram, to provide a wider coverage for its stories.