Another price hike by Shell Gas

Sunil C. Perera in Colombo

A leading gas distributor - Shell Gas Lanka Limited says the price of gas has to be increased due to the unprecedented rise of LP Gas prices in the world market.
Gas prices in the global market increased by 30 percent during the period of September to November this year. The price of 12.5-kilogram domestic Shell Gas cylinder will be 1,488 rupees in Colombo with effect from midnight on the 1st of January.
A 2.3-kilogram gas cylinder will be sold at 274 rupees. Shell Gas says the Consumers Affairs Authority has approved the new price revision in line with the Pricing Formula.
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