The energy regulator today reduced the retail prices of liquefied petroleum gas (LPG) of private companies by around 7 per cent. According to the new rate, the private companies will have to sell 12kg LPG cylinder at Tk 906, down from the existing price of Tk 975. The new price rate will be made effective from next month, Bangladesh Energy Regulatory Commission (BERC) Chairman
The energy regulator has re-fixed the price of liquefied petroleum gas (LPG) of private companies.
Bangladesh Energy Regulatory Commission (BERC) yesterday reduced the retail price of LPG by around 7 percent. According to the new rate, retailers will have to sell 12kg gas in LPG cylinder at Tk 906, down from the existing price of Tk 975.
The new price will become effective from next month, BERC Chairman Abdul Jalil said while announcing the new price at a virtual press conference.
He said they re-fixed the price as per the new rate of the Saudi Contract Price for May.
The contract price rate set by the Saudi Arabian Oil Company (Saudi Aramco) each month is the dominant price for LPG in Asia and elsewhere in the world.