12kg LPG cylinder price up by Tk226
Price of a litre autogas now Tk50, will be Tk58
Consumers will have to pay an additional Tk226 for each 12kg liquefied petroleum gas (LPG) cylinder from private companies in October as the government has increased LPG price by Tk18 per kg.
The 12kg cylinder, which in September cost Tk1033, will now cost Tk1259.
Md Abdul Jalil, chairman, Bangladesh Energy Regulatory Commission (BERC), announced the new prices on Sunday.
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During a press conference, the BERC chairman said per litre autogas in October will be Tk58 instead of Tk50 in September.
According to the latest prices, the price of a centrally regulated (reticulated system) LPG will be Tk101 per kg, which was Tk83 in September.
BERC Chairman said the price was fixed according to the Saudi contract price of Propane and Butane.
Private operators previously were at liberty to set their prices on their own. But on 12 April this year, the Bangladesh Energy Regulatory Commission determined and set the price for LPG for the first time, both for the public and private sector.
Currently, the country consumes around 11 lakh tonnes of LPG each year as the usage ranges from cooking to refuelling vehicles. Some 28 private operators are fulfilling around 98% of the total demand.
Among others, BERC members Maqbool E-Elahi Chowdhury, Mohammad Abu Faruk, Md Bazlur Rahman, and Deputy Director Kamruzzaman, were present at the press conference.
