Shell raises gas prices in Lanka after LTTE attack

Shell raises gas prices in Lanka after LTTE attack
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First Published: Tue, May 08 2007. 01 22 PM IST
Updated: Tue, May 08 2007. 01 22 PM IST
PTI
Colombo: Anglo-Dutch gas firm Shell has raised its retail prices in Sri Lanka by 4% following an air attack by rebel Tamil Tigers on their storage facility, officials said.
After the increase in prices, which will be effective from 26 May, a 13-kg cylinder of Liquefied Petroleum Gas will cost Rs998, up from Rs960 at present.
The storage facility of Shell was hit by a Tamil Tiger air attack on 28 April. Two buildings were damaged in the attack. The storage tanks, however, were not affected.
Shell officials said they had difficulties in distribution of gas because supplies could not be brought in from the port due to long holidays at the end of April and the start of this month.
A spokesman for Shell said the issuing of gas had fallen by half following the attack which caused a damage of about Rs five crore. He said the shortage was expected to be eased in a few days.
The Tigers also attacked an oil storage depot which is jointly owned by the Indian Oil Corporation and Sri Lanka’s state-owned petroleum Corporation.
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First Published: Tue, May 08 2007. 01 22 PM IST
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