Litro to slash domestic LP gas prices tomorrow
May 2, 2023 11:37 am
The prices of Litro domestic Liquefied Petroleum (LP) gas cylinders are set to be further reduced tomorrow (03 May).
Chairman of Litro Gas Lanka, Muditha Peiris announced this while speaking at a press conference this morning (02 May).
Accordingly, he noted that the price of the 12.5kg gas cylinder is expected to be reduced by around Rs. 100, while the prices of other cylinders will also be reduced proportionately.
The price reduction is expected to be effective from midnight tomorrow (May 3), Peiris said, adding that the exact amount by which the prices of respective gas cylinders will be reduced will be officially announced.
Chief of Presidential Staff and Senior Advisor to the President on National Security Sagala Ratnayake yesterday (01 May) hinted at further decrease in the prices of LP Gas cylinders.
Speaking on the country’s economic progress thus far following its unprecedented economic crisis, Ratnayake noted that under the current government, inflation has reduced from 70% to 35%, adding that they expect to bring it down to a single-digit figure by the end of this year.
He further noted that the National Fuel Pass system (QR code) will also be relaxed in the future, when the economy is more stable.
