Litro Gas Lanka Limited has announced a reduction in the retail prices of domestic liquefied petroleum gas (LPG) cylinders, effective from midnight on July 3.
The price revision applies to standard household cylinders distributed across Sri Lanka, marking a direct pass-through of lower global feedstock costs to end consumers.
India's state-owned oil marketing companies recently slashed cylinder prices, while Vietnam recorded a sharp drop in Ho Chi Minh City, with standard 12kg cylinders falling by approximately $2.
The move by Litro, the country's primary LPG distributor, mirrors a wider regional shift in energy pricing.
Over the past week, major Asian markets have seen significant corrections in LPG retail rates.
India's state-owned oil marketing companies recently slashed cylinder prices, while Vietnam recorded a sharp drop in Ho Chi Minh City, with standard 12kg cylinders falling by approximately $2.70.
These coordinated price cuts across South and Southeast Asia reflect easing pressure on global LPG benchmarks.