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Litro, Laugfs Gas seeks price hike
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<blockquote data-quote="lkdood" data-source="post: 12167715" data-attributes="member: 92282"><p><strong>Sri Lanka's state owned Litro Gas Company has sought permission for an increase of Rs. 150 for a 12.5 kilo domestic LP gas cylinder. </strong></p><p><strong></strong></p><p> <strong> The company has cited the increase of LP gas price in the world market as the reason for the request for the price increase. </strong></p><p><strong></strong></p><p> <strong> Laugfs Gas Company, the private owned second player of the LP gas market of Sri Lanka has also sought an increase of Rs. 200 for 12.5 kilo domestic gas cylinder. </strong></p><p><strong></strong></p><p> <strong> However, the Consumer Affairs Authority, the competitive authority to warrant the price hike has still not come to a decision, sources say. </strong></p><p><strong></strong></p><p> <strong> The gas companies have claimed that the gas prices need to be revised due to the increasing global fuel prices and the recent revision of local fuel prices. </strong></p><p></p><p>CP</p></blockquote><p></p>
[QUOTE="lkdood, post: 12167715, member: 92282"] [B]Sri Lanka's state owned Litro Gas Company has sought permission for an increase of Rs. 150 for a 12.5 kilo domestic LP gas cylinder. [/B] [B] The company has cited the increase of LP gas price in the world market as the reason for the request for the price increase. [/B] [B] Laugfs Gas Company, the private owned second player of the LP gas market of Sri Lanka has also sought an increase of Rs. 200 for 12.5 kilo domestic gas cylinder. [/B] [B] However, the Consumer Affairs Authority, the competitive authority to warrant the price hike has still not come to a decision, sources say. [/B] [B] The gas companies have claimed that the gas prices need to be revised due to the increasing global fuel prices and the recent revision of local fuel prices. [/B] CP [/QUOTE]
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