SriLanka, April 26 -- Colombo-based independent policy think tank, the Advocata Institute, which advocates economic development through free markets, has welcomed the recent Liquefied Petroleum Gas (LPG) price increase by Litro Gas Lanka. However, it stated that the increase remains inadequate and indirectly compels Sri Lanka's vulnerable segments to subsidise wealthier LPG consumers.
This inequity arises because the retail price remains below cost-reflective levels despite the revision.
In April 2026, Saudi Aramco's Asia-Pacific benchmark rose sharply, adding approximately Rs. 1,000-1,200 to the landing cost of a standard 12.5 kg cylinder. The retail price, however, was increased by only Rs. 775, leaving a shortfall of around Rs. 225-4...
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