The Consumer Affairs Authority (CAA) has summoned LAUGFS Gas officials to appear before it at 10 a.m. on November 16 and explain a recent steep rise in domestic gas prices. The company representatives have been asked to clarify the reasons for the price revision, the Authority said.
LAUGFS Gas raised the 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 increased by Rs. 732 to Rs. 2,720. The company said rising international market prices, shipping and insurance costs had increased the cost of importing bulk gas.
Source
Daily Mirror
Summary written by Colombo Today from reporting by Daily Mirror.
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- #consumer affairs authority
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