Iran War Drives Up LPG Prices; Sri Lanka Household Gas Prices Increase Again
The war in Iran has pushed up LPG prices, leading to another increase in household gas prices in Sri Lanka. The country also relies on imports for all its oil and coal, raising concerns that a prolonged conflict in the Middle East could severely impact its recovery efforts from the 2022 economic collapse.
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- 📰 Published: April 6, 2026 at 23:37
- 🔍 Collected: April 7, 2026 at 00:00 (23 min after Published)
- 🤖 AI Analyzed: April 7, 2026 at 00:23 (23 min after Collected)
According to AFP, in addition to natural gas, Sri Lanka relies entirely on imports for its oil, and also needs to purchase coal for power generation. Authorities have warned that a prolonged conflict in the Middle East could severely impact the country's recovery efforts from the 2022 economic collapse.
Prior to today's increase in household gas prices, Sri Lanka had already raised prices by 8% last month.
A private company, which holds about a quarter of Sri Lanka's LPG market share, increased its retail price by 23%, from 4,630 rupees (approximately US$18.08) to 5,700 rupees.
State-owned Litro Gas, the main supplier of household LPG in Sri Lanka, raised the price of a 12.5 kg gas cylinder from 3,990 rupees to 4,765 rupees, an increase of 19.42%.
A Litro spokesperson stated, "We have sufficient stock to supply for the entire month of April," adding that the global rise in LPG prices and shipping costs prompted this price hike. (Translated by: Yang Zhaoyan) 1150406
Prior to today's increase in household gas prices, Sri Lanka had already raised prices by 8% last month.
A private company, which holds about a quarter of Sri Lanka's LPG market share, increased its retail price by 23%, from 4,630 rupees (approximately US$18.08) to 5,700 rupees.
State-owned Litro Gas, the main supplier of household LPG in Sri Lanka, raised the price of a 12.5 kg gas cylinder from 3,990 rupees to 4,765 rupees, an increase of 19.42%.
A Litro spokesperson stated, "We have sufficient stock to supply for the entire month of April," adding that the global rise in LPG prices and shipping costs prompted this price hike. (Translated by: Yang Zhaoyan) 1150406