Litro Announces Unprecedented Gas Price Hike: Government Reverses Increase

The Government reversed a proposed price increase by Litro Gas which came as a shock to Sri Lanka's domestic LP Gas users.

The Gas company announced that the price of a 12.5 Kg domestic Litro gas cylinder would be increased to Rs 5,175 with effect midnight today.

This was the highest-ever gas price increase in the country and it was a 93% hike compared to the previous price.

In the face of the severe public backlash to the announcement, the government said the proposed price increase had not been approved and the gas prices would not be revised tonight.