Tk 975 for 12 kg LPG cylinder at retailer level

Bangladesh Energy Regulatory Commission (BERC) has re-fixed the price of Liquefied Petroleum Gas (LPG) at Tk 975 for a 12 kg cylinder at retailer level inclusive VAT at private sector, reports BSS.

“The newly fixed price of LPG will be effective from today and all licenses of LPG marketing companies will implement the price,” Chairman of BERC Md Abdul Jalil said this while addressing a press briefing at a virtual platform.

Announcing the new price of LPG, he said the BERC also re-fixed Taka 591 for 12.5 kg LPG owned by government, while per kilogram of LPG at Taka 81.30 at retailer level inclusive VAT owned by private sector.

According to the new price at retailer level owned by private sector, 12.5 kg LPG has been fixed at Taka 1,017 at retailer level, 15 kg at Taka 1,220, 16 kg at Taka 1,301, 18 kg at Taka 1,464, 20 kg at Taka 1,627, 22 kg at Taka 1,789, 25 kg at Taka 2,032, 30 kg at Taka 2,440, 33 kg at Taka 2,683, 35 kg at Taka 2,846 and 40 kg at Taka 3,659.

The BERC chairman said the price of LPG $625 and $595 per tonne was fixed on March 2021 by Saudi Contract Price (Saudi CP) as per Saudi Aramco Propane and Butane.

He said the Commission has taken up the initiative to fix the retail price of LPG through conducting public hearing, where licensees and other stakeholders took part.

Md Abdul Jalil said the newly fixed price of LPG will be effective from today and all licenses of LPG bottle marketing companies will implement the price.

Earlier, a High Court bench ordered the regulatory body to set the LPG price for consumer level.

The BERC held the public hearing on LPG price fixing as per “The BERC Act, 2003,” said the chairman.

Among others, secretary of BERC Rubina Ferdousi, members and officials joined the virtual briefing.