LAUGFS gas prices remain unchanged
Sri Lanka, June 5 -- LAUGFS Gas PLC has announced that domestic LPG prices will remain unchanged for June despite rising global procurement costs, supply chain challenges, and the depreciation of the Sri Lankan rupee.
In a statement issued on Thursday, the company said the global LPG industry continues to face significant pressures due to geopolitical uncertainties, fluctuations in international commodity prices, elevated freight charges, and disruptions in supply chains. These factors have increased the landed cost of LPG imports in many markets worldwide.
However, LAUGFS Gas said it has taken proactive measures to optimize its supply chain and improve operational efficiencies in order to absorb a substantial portion of these cost incr...
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