The Ceolit gas company initiated by a committee led by the Secretary to the President P B Jayasundara and the Finance Secretary has come under Janatha Vimukthi Peramuna (JVP) fire. This company has been established along with the Litro gas company to give a monopoly to the Laugfs gas company which is already suffering losses and is endebted largely to the Bank of Ceylon and the Peoples Bank. How was a company formed when it was only an appointment of a committee?” JVP member Sunil Handunnetti remarked. With a shortage of Laugfs gas cylinders, the Government permitted the hike in the price of Gas. Only Laugfs gas was allowed to raise the price, whereas Laugfs gas was unable to meet the demand of the people, and the shortage continued.

Source: The Nation September 26, 2021 05:15 UTC