100,000 Gas Cylinders To Be Released Daily to Boost Supply

COLOMBO (News 1st) - Litro Gas has announced that more than 10,000 metric tons of gas are scheduled to be imported to the country within this month.

According to Litro Chairman Channa Gunawardena, three shipments are expected with Two vessels carrying 3,700 metric tons each and One vessel carrying 3,900 metric tons.

The Chairman stated that the supply of gas is expected to increase from the beginning of next month, with additional Litro gas cylinders being released to the market starting 12th of March. 

The measure is being taken as consumers using LAUGFS gas cylinders which is currently facing a shortage of supplies are unable to switch to Litro cylinders.

Minister of Trade, Commerce, Food Security, and Cooperative Development, Wasantha Samarasinghe, noted that 100,000 gas cylinders will be released to the market daily starting tomorrow.

The Minister emphasized that it is the responsibility of the company to ensure a continuous supply to LAUGFS gas consumers as consumers have paid a security deposit for those gas cylinders.

Accordingly, strict action will be taken by the government to prevent businesses from creating artificial crises or harassing consumers for unfair trade gain.

Meanwhile, The Consumer Affairs Authority (CAA) has launched investigations into traders who are hoarding gas stocks.

CAA Chairman Hemantha Samarakoon stated that immediate legal action will be taken against traders who hoard stocks to create an artificial shortage.