Ministerial subcommittee decides not to increase gas prices

Monday, 21 June 2021 - 14:11

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The five-member ministerial sub-committee appointed to look into the situation in the country has decided not to increase gas prices at this time.

Trade Minister Bandula Gunawardena had recently submitted a proposal to the Cabinet to revise gas prices.

Rejecting the proposal, the Cabinet Sub-Committee was appointed to study the matter further.

The committee comprising Ministers Bandula Gunawardena, Mahinda Amaraweera, Vasudeva Nanayakkara, Udaya Gammanpila, and Keheliya Rambukwella met on several previous occasions to consider requests made by gas companies to increase gas prices.

However, in the final discussion held today (21), it was decided not to increase the price of gas considering the current situation in the country.

Gas companies had demanded an increase in the price of a domestic gas cylinder by more than Rs. 500.

However, the Ministerial Sub-Committee has decided to submit an alternative proposal to the Cabinet without increasing the price.