Sri Lanka, Nov. 14 -- Laugfs Gas PLC has revised the prices of its domestic liquefied petroleum gas cylinders upward by more than 35%, effective from midnight yesterday (13).

Under the new pricing structure, the price of a 12.5-kilogram domestic gas cylinder has increased by Rs. 1,775-a 35.75% jump-moving from Rs. 4,965 to Rs. 6,740.

Meanwhile, the price of a 5-kilogram cylinder has been raised by Rs. 732, reflecting a 36.82% hike from Rs. 1,988 to Rs. 2,720.

In an official statement, Laugfs Gas noted that this price revision was necessitated by rising local gas procurement costs linked to surging LPG prices in the international market.

Despite the price adjustment, the company assured consumers that it is making every effort to maint...