Litro slashes LP gas prices

Litro Gas Lanka Ltd. has slashed the price of domestic liquefied petroleum (LP) gas cylinders, based on the pricing formula.

Thereby, the price of a domestic gas cylinder weighing 12.5kg has been reduced by Rs. 1,005 and the revised price now stands at Rs. 3,738.
 
The price reduction is effective from midnight today (April 04).

Litro Gas chairman Muditha Peiris communicated the new prices of domestic gas cylinders to the public while addressing a special media briefing this morning.

The revised prices are as follows:

12.5kg cylinder – Rs. 3,738 (reduced by Rs. 1,005)
5kg cylinder – Rs. 1,502 (reduced by Rs. 402)
2.3kg cylinder – Rs. 700 (reduced by Rs. 183)

Meanwhile, Laugfs Gas PLC, too, has mulled reducing the prices of its domestic gas cylinders following the price revisions made by Litro Gas Lanka.