LPG price adjusted upward

The government has adjusted the price of Liquefied Petroleum Gas (LPG) upward and now a 12 kilogram (Kg) LPG cylinder will be sold to the consumers at Tk 1,284 instead of Tk 1,140, reports BSS.

"The newly fixed price of LPG is Taka 1,284, which will be effective from today at 6pm (September 3) and all licenses of LPG marketing companies will implement the price," Chairman of Bangladesh Energy Regulatory Commission (BERC) Md Abdul Jalil announced the newly fixed price of LPG at a press briefing at BERC office on Sunday.

He said the LPG price was Tk 1,140 for 12-kg cylinder in August while it was Tk 999 in July. 

The chairman said that the BERC also re-fixed auto gas price Tk 58.87 per liter, while per kilogram of LPG at Tk 107.01 at retailer level inclusive VAT owned by private sector and Tk 103.18 per kilogram of liquefied supplied LPG in reticulated system owned by private sector.

According to the BERC details, the price of LPG $550 and $560 per tonne was fixed for September 2023 by Saudi Contract Price (Saudi CP). Considering the Propane and Butane ratio 35:65 average, Saudi CP per ton $556.50, the BERC re-fixed the price of LPG and auto gas for September 2023. 

As per the BERC decision, new price at retailer level owned by private sector, 12.5 kg LPG has been fixed at Tk 1,338 at retailer level, 15 kg at Tk 1,605, 16 kg at Tk 1,712, 18 kg at Tk 1,926, 20 kg at Tk 2,140, 22 kg at Tk 2,355, 25 kg at Tk 2,675, 30 kg at Tk 3,210, 33 kg at Tk 3,531, 35 kg at Tk 3,745 and 45 kg at Tk 4,815.