Cabinet approves cost-based pricing formula for domestic LP Gas
Posted by Editor on August 9, 2022 - 11:29 am
The Cabinet of Ministers has approved to implement a cost-based price formula for domestic LP Gas (Liquefied Petroleum Gas) and revise it each month.
Accordingly, domestic gas prices will be revised on the 5th of every month based on that price formula with the aim of ensuring uninterrupted domestic gas supply.
The proposal was tabled by President Ranil Wickremesinghe, in his capacity as the Minister of Finance, Economic Stability and National Policies.
Latest Headlines in Sri Lanka
- IMF third review talks with Sri Lanka successfully conclude November 22, 2024
- Professor Gomika Udugamasooriya appointed Senior Advisor to President on Science and Technology November 22, 2024
- Lohan Ratwatte’s wife further remanded until December 2, 2024 November 22, 2024
- Excavation begins near Veyangoda to uncover reported treasure November 22, 2024
- Thai vets plan to trim tusks of Muthu Raja, elephant repatriated from Sri Lanka November 22, 2024
