Sri Lanka, May 3 -- Laugfs Gas PLC, a leading supplier of liquefied petroleum (LP) gas in Sri Lanka, has unveiled a significant price revision for its domestic LP gas cylinders, set to take effect from midnight today, the 3rd of this month.

As per the latest announcement, the price of the widely used 12.5 kg LP gas cylinder will witness a substantial reduction of Rs. 275, bringing it down to Rs. 3,840. Similarly, the price of the smaller 05 kg cylinder will see a noteworthy decrease of Rs. 110, with the new cylinder priced at Rs. 1,542.

This decision from Laugfs Gas PLC closely follows a similar move by Litro Gas Lanka. The reduction in prices is expected to provide relief to consumers amidst ongoing economic challenges.

The company's ...