LAUGFS GAS OFFICIALS SUMMONED BEFORE CONSUMER AFFAIRS AUTHORITY

COLOMBO (News 1st): Officials of LAUGFS Gas have been summoned to appear before the Consumer Affairs Authority (CAA) tomorrow.

The Authority said the officials have been called in to seek clarification regarding the recent increase in LAUGFS domestic gas prices.

Accordingly, the company representatives have been instructed to appear before the Authority at 10 a.m. tomorrow and provide an explanation.

LAUGFS Gas increased the prices of its domestic gas cylinders on November 13.

The company attributed the price hike to rising international gas prices and the increased cost of procuring the required gas supplies for Sri Lanka.

Under the latest revision, the price of a 12.5-kilogram domestic gas cylinder, which previously stood at Rs. 4,965, has increased by Rs. 1,775 to Rs. 6,740.

Meanwhile, the price of a 5-kilogram cylinder has been increased by Rs. 732, bringing its new price to Rs. 2,720.