Joint company to be formed for purchasing gas
A joint company will be formed for the purpose of purchasing Liquid Petroleum (LP) Gas, State Minister of Consumer Affairs Lasantha Alagiyawanna stated.
The state minister mentioned this in response to a journalist’s query, during the press conference held to inform Cabinet decisions, regarding the reports of Litro Gas Company and Laugfs Gas PLC merging to form a joint company.
Alagiyawanna said that it is possible to reduce prices of gas by about Rs 125-130 if Litro and Laugfs gas companies are merged and formed a state-owned company to purchase gas with government intervention.
Meanwhile, issuing and recalling gazette notifications on the implementation of control prices are all done for the welfare of the consumers, State Minister Lasantha Alagiyawanna said.
He mentioned this commenting on the government’s recent decision to remove the control price on rice.
(Source: Ada Derana)
Latest Headlines in Sri Lanka
- 16 Police Officers-in-Charge transferred in nationwide reshuffle May 29, 2025
- Venerable Bandarawela Amithananda Thero passes away May 29, 2025
- Duminda Dissanayake remanded further until June 5, 2025 May 29, 2025
- Mahindananda jailed for 20 years, Nalin for 25 in Carrom board scandal May 29, 2025
- Sri Lanka records 50th shooting incident with today’s Panadura attack May 29, 2025
