The Consumer Affairs Authority has called LAUGFS Gas officials to appear before it and explain a recent sharp rise in domestic gas prices. The company has been told to attend at 10.00 a.m. on November 16.
LAUGFS Gas raised prices of its domestic cylinders with effect from midnight on November 13. The 12.5kg cylinder rose by Rs. 1,775 to Rs. 6,740, while the 5kg cylinder went up by Rs. 732 to Rs. 2,720.
The company linked the revision to higher international market prices and increased shipping and insurance costs for bulk gas supplies. The authority says it wants clarification on the reasons for the increase.
Source
Ada Derana
Summary written by Colombo Today from reporting by Ada Derana.
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