Litro Gas prices down from tonight


Litro Gas said LP Gas prices will be reduced from midnight today (8).

Litro Gas Lanka Chairman, Muditha Peiris said the revised LP Gas cylinder prices will be announced today after 4:00 p.m. and a reduction of over Rs 200 can be expected for a 12.5 kg cylinder, in accordance with the newly introduced price formula.

He said in a bid to eliminate the LPG shortage, Litro Gas Lanka distributed 2.2 million cylinders of LPG to the market in the last 22 days.

He highlighted that after years of losses, Litro Gas Lanka made a reasonable profit in July, and that turning a loss-making state institution into a profit-making state institution is a good sign for the country. He also highlighted that the company’s loans would be paid off soon.

Meanwhile, another ship carrying 3,800 MT of gas is scheduled to arrive in the island today (8). Unloading will begin the following morning.

By Thameenah Razeek