Daily News Online

DateLine Tuesday, 1 July 2008

News Bar »

Security: Wanni liberation enters decisive phase ...        News: Arugam Bay bridge opens today ...       Business: Bio-diesel from Jatropha ...        Sports: Sana, Sanga in record opening stand ...

Home

 | SHARE MARKET  | EXCHANGE RATE  | TRADING  | PICTURE GALLERY  | ARCHIVES | 

dailynews
 ONLINE


OTHER PUBLICATIONS


OTHER LINKS

Marriage Proposals
Classified
Government Gazette

Laugfs gas reduced by Rs.53

The prices of a domestic 12.5 kg Laugfs gas cylinder has been reduced from yesterday midnight by Rs.53.

Trade, Marketing Development, Co-operatives and Consumer Services Minister Bandula Gunawardana told the Daily News that the Consumer Affairs Authority (CAA) has informed both Shell and Laugfs gas companies to reduce the prices of both Laugfs and Shell gas respectively by Rs.53 and Rs.12 from yesterday midnight which is a price reduction compared to the gas prices evaluated in March.

The new price of a domestic 12.5 kg Laugfs gas cylinder will be Rs.1,668. Though the Shell Gas Company requested for a price increase of Rs.324, the CAA did not permit it as relief measures for consumers.

It has increased the price of a domestic 12.5 kg gas cylinder by Rs.8 with effect from yesterday midnight. Accordingly, the new price would be Rs.1737. Minister said that the retail price of a 12.5 kg domestic Shell gas cylinder was Rs.1749 in March.

The new price informed by the CAA to be sold with effect from midnight for the 12.5 kg of domestic Shell gas cylinder will be Rs.1737. It is a Rs.12 price reduction when compared to the price in March.

“But it was a Rs.8 price increase when It compared to the gas prices in May,” He said.

He said that the retail price of 12.5 kg of domestic Laugfs gas cylinder was Rs.1721 in both March and May. It has reduced the price by Rs.53 from yesterday midnight and the new price would be Rs.1668.

He said that the gas prices are being revised six times per year following the price formula approved by the Supreme Court and the Cabinet.

EMAIL |   PRINTABLE VIEW | FEEDBACK

Gamin Gamata - Presidential Community & Welfare Service
Ceylinco Banyan Villas
www.stanthonyshrinekochchikade.org
www.lankanest.com
www.topjobs.lk
Donate Now | defence.lk
www.apiwenuwenapi.co.uk
www.helpheroes.lk/
www.peaceinsrilanka.org
www.army.lk
www.news.lk
www.defence.lk

| News | Editorial | Business | Features | Political | Security | Sport | World | Letters | Obituaries |

Produced by Lake House Copyright © 2008 The Associated Newspapers of Ceylon Ltd.

Comments and suggestions to : Web Editor