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.