The Bangladesh Energy Regulatory Commission (BERC) has announced an adjustment in LPG prices, impacting the cost of a standard 12kg cylinder, which will now be Tk1,482, inclusive of VAT, showing a slight increase from the previous Tk1,474.
In a press briefing on Sunday, BERC detailed the price adjustment, indicating a rise of Tk0.66 in the price of liquefied petroleum gas (LPG) per kg. The new rate is set at Tk123.52 per kg, up from the previous Tk122.86.
Effective from 6 pm on Sunday, this adjustment is expected to influence household and commercial expenses marginally, following a proportional scale applied across various LPG cylinder sizes, ranging from 5.5kg to 45kg.
The revision also extends to “auto gas,” the LPG variant used in motor vehicles, now priced at Tk68.05 per litre, inclusive of VAT, marking a slight increase from Tk67.68. This adjustment reflects the broader impact of LPG price changes on transportation and related costs.
It’s worth noting that LPG prices from the state-owned LP Gas Company will remain unchanged, given its local production and a market share of less than 5%.
The decision to adjust LPG prices is attributed to the surge in international market costs, particularly linked to the increase in the Saudi CP (contract price), which serves as a benchmark for local operators importing LPG primarily from the Middle East. Stay informed about the latest developments in energy pricing to manage your expenses effectively.
