Litro Gas increases price over Rs. 5000

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Litro Gas has decided to increase the price of a 12.5kg gas cylinder, effective from midnight today (22).

Accordingly, the revised price now stands at Rs. 5,175.

A spokesperson of the company said Litro Gas is currently facing a daily massive loss of Rs. 250 million on gas imports.

He further said that the company incurred a loss of Rs. 2,000 million last year.

Hence, in view of the increasing dollar rate and to maintain the supply of gas and keep the company afloat, the price of gas had to be revised.