12kg LPG cylinder price rises by Tk49 in July
Skip to main content
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
The Business Standard

Friday
February 03, 2023

Sign In
Subscribe
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
FRIDAY, FEBRUARY 03, 2023
12kg LPG cylinder price rises by Tk49 in July

Bazaar

TBS Report
30 June, 2021, 01:15 pm
Last modified: 30 June, 2021, 10:00 pm

Related News

  • No sigh of relief as LPG price hiked by Tk266 per 12kg cylinder
  • Bill passed allowing govt to adjust gas, electricity prices without public hearing
  • Energy regulator likely to announce retail power tariff Thursday
  • Bill placed in JS to pave a way for govt to adjust gas, electricity without public hearing
  • Has the energy regulator lost its functionality?

12kg LPG cylinder price rises by Tk49 in July

The new price is set at Tk891

TBS Report
30 June, 2021, 01:15 pm
Last modified: 30 June, 2021, 10:00 pm
Propane and Butane are the two components of LPG, which Bangladesh imports from the international market. Photo: Salahuddin Ahmed Paulash/TBS
Propane and Butane are the two components of LPG, which Bangladesh imports from the international market. Photo: Salahuddin Ahmed Paulash/TBS

Liquefied petroleum gas (LPG) consumers will have to pay an additional Tk49 for a 12kg cylinder provided by private operators in July. 

The retail price of such a cylinder will be Tk891. 

Besides, the prices of cylinders of other sizes have been fixed, with the price per kg set at Tk74.24.  

The June price of a 12kg cylinder was adjusted at Tk842.

Prices had been adjusted based on that of LPG raw materials – propane and butane – in the world market and the new rates would be effective from July, Bangladesh Energy Regulatory Commission (BERC) Chairman Abdul Jalil told a press conference on Wednesday.

The new tariffs were set based on the Saudi contract prices of propane and butane in June, which were $530 and $525 per tonne respectively. 

On the other hand, the per litre auto gas price was re-fixed at Tk44 from Tk41.74 in June. 

Retail prices of LPG cylinders provided by state-owned LP Gas Limited have not been changed as the costs of raw materials remain the same. The price of a 12.5kg LPG cylinder of this company will be Tk591.

The BERC chairman said the commission saw no problem in announcing new auto gas tariffs every month. 

But the LPG Operators Association of Bangladesh said there was mistrust between retailers and consumers due to monthly changes in LPG prices. 

Earlier, private LPG operators in the country used to set their own tariffs.

On 12 April, the BERC for the first time set the prices of public and private LPG, stating that it would adjust retail prices based on Saudi contract prices of propane and butane.

The LPG operators association has been objecting to such price adjustments since the beginning, which is why the tariff order is not fully implemented across the country.

Among others, BERC members Maqbool E-Elahi Chowdhury, Mohammad Abu Faruk, and Bazlur Rahman, its Secretary Rubina Ferdous and Deputy Director Kamruzzaman were present at the press conference.

Economy / Top News

LPG / LPG cylinder / LPG cylinders / LPG price / LPG Price Hike / LPG Price regulation / LPG Industry / Bangladesh Energy Regulatory Commission (BERC) / BERC

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • International Monetary Fund logo : AP via UNB
    IMF sets time-bound reform agenda as it releases first tranche of loan
  • Shipped Bhola gas to cost higher, yet cheaper than spot LNG
    Shipped Bhola gas to cost higher, yet cheaper than spot LNG
  • January exports rise nearly 6% riding on high-value RMG items
    January exports rise nearly 6% riding on high-value RMG items

MOST VIEWED

  • Representative Photo: Pixabay.
    Refined sugar prices rise by Tk5 per kg
  • Import curbs drive up spice prices
    Import curbs drive up spice prices
  • File Photo: Saikat Bhadra/TBS
    Market manipulation: Holding companies accountable may not be easy
  • The cultivation of winter vegetables is in full-swing on the banks of Chattogram’s Dohazari Shankh river. Winter vegetables are cultivated in large areas in Munshir Char on the north of the river while in Dharmapur, Rasulabad, Chagachar on the south.The vegetable produce in Dohazari area, where this photo was taken, are also exported to various Middle East countries. Photo: Mohammad Minhaj Uddin.
    Dohazari vegetable hub picks up steam as winter arrives
  • TCB to procure 2.20cr litres of soybean oil for OMS
    TCB to procure 2.20cr litres of soybean oil for OMS
  • Price of soybean oil up by Tk12, sugar by Tk13
    Price of soybean oil up by Tk12, sugar by Tk13

Related News

  • No sigh of relief as LPG price hiked by Tk266 per 12kg cylinder
  • Bill passed allowing govt to adjust gas, electricity prices without public hearing
  • Energy regulator likely to announce retail power tariff Thursday
  • Bill placed in JS to pave a way for govt to adjust gas, electricity without public hearing
  • Has the energy regulator lost its functionality?

Features

Six Jeep Wranglers and a special XJ Jeep Cherokee set out into the depths of Lalakhal, Sylhet for an experience of a lifetime. Photo: Ahbaar Mohammad

Jeep Life Bangladesh: A club for Jeep owners to harness the power of their vehicles

21h | Wheels
While the Padma bridge in operation is changing the lives of millions in the south for the better, passenger rush to Shimulia ghat died down. Photo: Masum Billah

How are the Shimulia ghat businesses faring after Padma bridge?

23h | Panorama
After so many investments going embarrassingly wrong, as was the case with Sam Bankman-Fried, perhaps tech investors’ preference for less experience will wane. Photo: Bloomberg

Are you the next Steve Jobs? Good luck raising money in 2023

23h | Panorama
An elderly couple's lonely battle to save Dhaka's trees

An elderly couple's lonely battle to save Dhaka's trees

1d | Panorama

More Videos from TBS

A proper price formula can help investors to plan big

A proper price formula can help investors to plan big

13h | TBS Round Table
Rumors about Sarika that everyone thinks are true

Rumors about Sarika that everyone thinks are true

11h | TBS Entertainment
Mugging rife in Tejgaon, murder in Wari

Mugging rife in Tejgaon, murder in Wari

14h | TBS Current Affairs
What secrets are hidden behind Adani's wealth?

What secrets are hidden behind Adani's wealth?

12h | TBS Stories

Most Read

1
Bapex calls candidates for job test 9 years after advert!
Bangladesh

Bapex calls candidates for job test 9 years after advert!

2
Leepu realised his love for cars from a young age and for the last 40 years, he has transformed, designed and customised hundreds of cars. Photo: Collected
Panorama

'I am not crazy about cars anymore': Nizamuddin Awlia Leepu

3
Photo: Collected
Energy

8 Ctg power plants out of production

4
The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas/File Photo
Economy

IMF approves $4.7 billion loan for Bangladesh, calls for ambitious reforms

5
Photo: Collected
Court

Japanese mother gets guardianship of daughters, free to leave country

6
Fund cut as Dhaka's fast-track transit projects on slow spending lane
Infrastructure

Fund cut as Dhaka's fast-track transit projects on slow spending lane

EMAIL US
[email protected]
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2023
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - [email protected]

For advertisement- [email protected]