Litho Gas Chairman Teshara Jayasinghe told Aruna that gas prices would have to be increased again in a short period of time, otherwise it would be difficult to remain stable in the global market.
He further stated that the price increase will be subject to conditions based on the period when the Consumer Affairs Authority was active in this regard.
However, a sustainable program on gas prices is being planned in the future to maintain the increased prices for a certain period of time. He said the focus would be on proper management to reduce prices.
“The state of the Sri Lankan economy should not be hidden from the public. Due to such concealment, the public is often misled by the politicization of economic issues that arise in Sri Lanka. Therefore, it is very important for the educated and intelligent people of this country to consciously understand this economic situation at this time, ”he said.
Keshara Jayasinghe, chairman of Litro, said he did not want to make false promises to the public that the increased prices would be reduced immediately in the future and that he would take steps to bring gas prices under a stable price.