The Government brought down the prices of LAUGFS and Shell gas from midnight yesterday. The new price of a domestic gas cylinder of LAUGFS and Shell will be Rs. 1,679 and Rs. 1,785. “This is clearly passing the benefit of the decreasing world LP gas price to local consumers,†Trade and Consumer Affairs Minister Bandula Gunawardena told the media yesterday. The Government had to increase and decrease the prices of a cylinder of gas to adjust to the price fluctuation in the world market. The blame came to the Ministry, Consumer Affairs Authority and finally to the Government. The price of an LP gas cylinder will be adjusted by a formula. One formula has been applied to LAUGFS Gas Company and another to Shell company.
