June 02, Colombo (LNW): Consumers are expected to learn this week whether domestic cooking gas prices will change for June, with Litro Gas Lanka confirming that its latest price review will be announced on Thursday.
The revised pricing structure, if adjusted, is scheduled to come into effect from June 05 following the completion of the company’s monthly evaluation process.
Company officials stated that the necessary reports and pricing recommendations have already been forwarded to the relevant authorities, while the final assessment required for the review is anticipated within the next day.
The outcome will determine whether households will face an increase, decrease or continuation of existing prices for liquefied petroleum gas (LPG).
According to the state-run LPG provider, international market conditions remain a key factor in calculating local prices. Fluctuations in global energy markets, shipping costs and benchmark LPG rates are all taken into consideration before any decision is made regarding domestic retail prices.
An official statement outlining the revised rates is expected to be released once the final evaluation process is completed.
