Joint company to be formed for purchasing gas

Joint company to be formed for purchasing gas

September 28, 2021   01:56 pm

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.

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed Video Stories

Sri Lanka's fuel import costs surge nearly six-fold amid ongoing Middle East conflict - President (English)

Sri Lanka's fuel import costs surge nearly six-fold amid ongoing Middle East conflict - President (English)

Low-pressure system northeast of Sri Lanka to weaken within 48 hours - Met. Dept. (English)

MP Mujibur Rahman accuses govt. of unequal application of law (English)

No more selective enforcement of the law based on power and political connections: President (English)

Central Expressway construction; Cabinet approves contractors for Rambukkana to Galagedara section (English)

Govt. rules out political involvement in ex-President Mahinda Rajapaksa's summons to Bribery Comm (English)

🔴LIVE | Ada Derana Prime Time News Bulletin

Low-pressure system over Bay of Bengal intensifies; Heavy rains over 100mm predicted in several areas (English)