Litro Gas Company, under the Ministry of Finance, has procured 100,000MT of LP Gas for four months at a cost of US $90 Million.
The World Bank has provided funding of US $ 70 million, while the remaining USD 20 million has been provided by Litro Gas, the Prime Minister's office said.
Around Seventy percent of the consignment will be provided to domestic consumers while the rest will be proivded for commericial use.
Accordingly an estimate of 5 million 12.5kg cylinders, 1 million 5kg cylinders and 1 million 2.5kg cylinders will be obtained.
An initial consignment of 33,000 tons of LPG procured by Litro at a cost of $20 million will reach Sri Lanka by the first week of July and distribution will commence immediately.
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