Gas bills are set to soar for consumers. LAUGFS Gas PLC announced a major price hike on domestic LP gas cylinders starting from midnight on Friday (13).
Following the revision, a 12.5 kg cylinder jumps from Rs. 4,965 to Rs. 6,740, reflecting an increase of Rs. 1,775. The smaller 5 kg cylinder will now cost Rs. 2,720 after an increase of Rs. 732 from its previous price of Rs. 1,988.
Why the sudden jump?
LAUGFS Gas explained that the price hike comes due to surging liquefied petroleum gas prices across the international market. This surge has pushed up the expenses involved in importing gas into Sri Lanka.
The firm stated that it stays committed to providing a steady gas supply to both household and commercial users. It also noted that any upcoming price changes will depend strictly on movements in the global market.
Hotline for consumers
For details regarding product availability and rates across different districts, buyers have been advised to reach out to the company hotline on 1345.
What happens next
The company stated that future price revisions will be based on international LPG market prices.
