Consumer Affairs Authority proposes to increase gas prices by Rs.400

Consumer Affairs Authority proposes to increase gas prices by Rs.400

16 June 2021 10:27 am

The Consumer Affairs Authority has recommended that the price of a 12.5 kg domestic gas cylinder be increased by Rs. 400. It is reported that this recommendation has been referred to the Ministerial Sub Committee.

However, companies selling domestic gas are expecting a higher price increase. Litro had proposed an increase of 600 rupees for a 12.5 kg gas cylinder, while Laugfs said it would increase the price by at least 700 rupees.

The ministerial subcommittee comprising Ministers Bandula Gunawardena, Keheliya Rambukwella, Mahinda Amaraweera Vasudeva Nanayakkara and Udaya Gammanpila met on the 14th to discuss the matter. That. Therefore, the Ministerial Sub-Committee has informed the Consumer Affairs Authority and the gas companies to propose other alternative solutions.

The supply of gas to the market has also been restricted due to the lack of response to repeated requests to increase gas prices. Due to this a gazette notification had to be issued making the sale of 12.5 kg gas cylinders compulsory. However, it is reported that there is still a shortage of gas in some parts of the country.