Desk Report
Published: 03 Feb 2022, 06:13 pm
Bangladesh Energy Regulatory Commission (BERC) Logo || Photo: Collected
The price of 12kg LPG cylinders
has been increased by Tk62, effective from 6 pm today.
Bangladesh Energy Regulatory
Commission (BERC) Chairman Abdul Jalil announced the new prices at a press
briefing on Thursday.
The new price of each 12kg
cylinder is Tk1,240, at the retail level excluding the value-added tax (VAT),
which was Tk1,178 in January.
Meanwhile, the price of autogas
for motor vehicles has also been increased to Tk57.81 per litre from the
present price of Tk54.94 per litre, while the price of per kg is centrally
controlled (reticulated) LPG has increased from Tk94.94 to Tk100.10.
In January, the price of LPG was
reduced by Tk50, while in December, the price was cut to Tk1,228 from Tk1,313
at the retail level after five months of consecutive hikes.
In July-November last year, the
country saw a Tk471 rise in a 12kg cylinder provided by the private operator.
The Saudi contract price of propane
and butane has increased to $775 per tonne on average from the previous price
of $740 and $710 per tonne, said BERC Chairman Abdul Jalil, during the announcement
of new LPG prices.
Bangladesh's private LPG
operators buy the bulk LPG on the basis of the Saudi contract price, he told
reporters at the virtual briefing.
The other members of the BERC
were present at the event.
The BERC for the first time fixed
the retail-level LPG price on 12 April 2021 after holding a public hearing to
comply with a High Court order. Since then the prices have been updated every
month.