LPG price hiked by Tk16
A 12kg cylinder of LPG gas will now cost TK1235
The government has raised prices of liquefied petroleum gas (LPG) cylinders provided by private operators by Tk16 per kilogram for the month of September.
A 12kg cylinder will now cost Tk1235, up from Tk1,219 in August, according to a new tariff announced by the Bangladesh Energy Regulatory Commission (BERC) in a briefing on Wednesday.
However, the price of government-owned 12kg LPG cylinders remains unchanged at Tk591.
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Berc Chairman (Acting) Mohammad Abu Faruque made the new tariff effective from Wednesday (7 September) afternoon.
"Berc has fixed the retail price of LPG at Tk 102.88 per kg. The prices of cylinders of all available volumes will be revised accordingly," Mohammad Abu Faruque noted.
Meanwhile, the price of auto gas used for motor vehicles has hiked from Tk56.85 per litre to Tk57.55.
The Bangladesh Energy Regulatory Commission (Berc) announced the retail LPG tariff based on Saudi Aramco's contract price (CP) of Propane and Butane, the raw materials for LPG.
Saudi Arabian company Aramco publishes the price of these two components of LPG every month, known as Saudi Cargo Price (CP). Berc adjusts the price of LPG in the country based on this Saudi CP.
Earlier in August, the government lowered prices of LPG cylinders provided by private operators by Tk2.90 per kilogram to Tk101.62 for the month of August.
The price of a 12kg cylinder stood at Tk1,219, down from Tk1,254 in July, according to the tariff announced by the Bangladesh Energy Regulatory Commission (BERC).
