May 13, Colombo: Sri Lanka's major gas distributor, Shell Gas, has submitted an application to the Consumer Affairs Authority (CAA) to increase the price of a 13.5 kg gas cylinder by Rs. 161, while the other player, Laugfs, has sought a price increase of Rs. 100 per cylinder.
The Sri Lanka government has already nodded to a price hike for Shell and Laugfs starting on May 26. Accordingly, the price of a 13.5 kg Shell gas cylinder will be increased by Rs. 38 to Rs. 998. A similar cylinder of Laugfs will go up by Rs. 20 to Rs. 959.
A Shell gas cylinder will go up from Rs. 960 to Rs. 1121 and a Laugfs gas cylinder from Rs. 939 to 1039 if the CAA approves the requested price increase.
Sri Lankan gas consumers are facing difficulties these days due to the scarcity of gas in the local market. The Shell Gas management said the scarcity was caused by a delay in distribution and the problem will be solved soon.
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