Litro Gas prices to remain steady in November despite global market hikes

Date:

By: Isuru Parakrama

November 04, Colombo (LNW): The Litro Gas Company has announced that it will not increase the prices of its domestic LP gas cylinders for November 2024, maintaining current rates to support consumers amidst rising global gas costs.

Channa Gunawardena, Chairman of Litro Gas, confirmed that the company decided to absorb the impact of global price hikes, prioritising consumer relief over potential profits.

This decision, he noted, was made possible through effective stock management and operational efficiencies within the state-owned enterprise.

As a result, the prices for domestic Litro LP gas cylinders will remain as follows:

  • 12.5kg cylinder – Rs. 3,690
  • 5kg cylinder – Rs. 1,482
  • 2.3kg cylinder – Rs. 694

Litro’s move to stabilise prices offers some financial reprieve to households, especially as global energy markets experience fluctuations.

Share post:

spot_imgspot_img

Popular

More like this
Related

Sri Lanka–US Defence Pact Unveiled After Transparency Concerns Rise

The long-awaited Sri Lanka–United States Defence Memorandum of Understanding...

Sri Lanka’s Service Exports Edge Up as ICT Surge Drives Growth

Sri Lanka’s services exports recorded a modest but significant...

SriLankan Airlines Faces Massive Losses From Faulty Airbus Fleet Deal

SriLankan Airlines has suffered a staggering USD 60 million...

AI-Driven Hate Networks Exposed in UK–Sri Lanka Misinformation Probe

A fast-unfolding investigation into UK-based Sri Lankan content creator...