ECONOMYNEXT – Sri Lanka’s state-run Litro Gas was cutting liquefied gas (LP Gas) prices with effect from midnight of May 03, with an appreciation of the rupee fully passed to customers, Chairman Muditha Pieris said.
The price of a 12.5 kilogram cylinder would be cut to 3,940 rupees from 4,115 rupees by 175 rupees.
The 5 kg cylinder would be cut to 1,582 rupees from 1,652 rupees.
The 2.3 kg cylinder would be cut to 740 rupees from 772.
World LP gas prices have moved up and down in recent months, Pieris said.
“The rupee has appreciated somewhat also, but not as much as in the previous month,” Pieris said. “We have passed the benefit fully to customers. (Colombo/May03/2024)