Aug 09, 2022

Laugfs Gas prices to drop too?

Cabinet Spokesman Minister Bandula Gunawardena says that it is learnt that Laugfs Gas is to slash prices of its domestic LP Gas cylinders soon.

Speaking at the Cabinet briefing earlier today (09), he said that it is the Consumer Affairs Authority that should take measures in this regard.

"I will inform the CAA and the minister of Trade to look into any public complaints on prices and distribution of Laugfs Gas and to take measures," he said.

Litro Gas Lanka announced a price drop effective from yesterday midnight, and this leaves a notable price difference in the LP Gas products between Litro and Laugfs.

In addition, the Cabinet of Ministers has granted approval to amend the domestic LP gas prices on the 5th of every month, based on a pricing formula.

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