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Public outraged as gas prices reach record high

11 Oct, 2021

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The public have expressed outrage after gas prices reached a record high last night (Sunday) with Litro Gas increasing a domestic 12.5 kg cylinder by as much as Rs. 1,257.

Both Litro Gas and Laugfs Gas PLC increased the price of domestic gas last night after the Government removed the controlled price on four items, including gas.

As a result, Litro Gas said that the price of a 12.5 kg domestic gas cylinder has been increased by Rs. 1,257 and will now be sold at Rs. 2,750.

Litro Gas also announced that a 5 kg cylinder was increased by Rs. 503 and will be sold at Rs. 1,101 while a 2.5 kg cylinder was increased by Rs. 231 and will be sold at Rs. 520.

Meanwhile, Laugfs Gas announced that a 12.5 kg domestic gas cylinder has been increased by Rs. 984 and will now be sold at Rs. 2,840.

Laugfs Gas also said that a 5 kg cylinder was increased by Rs. 393 and will be sold at Rs. 1,136.

The public took to social media to express their outrage over the price hike and the ripple effect it will have on other products.

Some have even expressed the opinion that the price hike will lead to people switching to the cheaper option of using firewood. (Colombo Gazette)

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