LPG price goes down

Bangladesh Energy Regulatory Commission (BERC) has reduced the price of Liquefied Petroleum Gas (LPG) of 12 kg cylinder at retailer level by Tk28 which would be sold at Tk1,450 instead of Tk1478 from 6 pm on Monday evening. 

“The newly fixed price of LPG is Tk1,450, which was Tk1,478. It will be effective from today (Monday) . . . all LPG marketing companies will implement the new price,” BERC chairman Jalal Ahmed told a media briefing.

The regulatory commission chief said the BERC also re-fixed the prices of auto gasat Tk66.43 per litre, reducing the amount by Tk1.43 

The BERC also issued a statement elaborating Ahmed’s comments saying in terms of weight per kilogram of LPG would be sold from now on at Tk120.81 at retailer level.

According to the BERC decision, new price at retailer level owned by private sector, LPG cylinders of 5.5 kg has been fixed at Tk664, 12.5 kg LPG at Tk1510, 15 kg at Tk1,812, 16 kg at Tk 1,933, 18 kg at Tk2,175, 20 kg at Tk2,416, 22 kg at Tk2,658, 25 kg at Tk3,020, 30 kg at Tk3,624, 33 kg at Tk3,987, 35 kg at Tk4,228 and 45 kg at Tk5,436.

The statement said the price was re-fixed in line with the readjustment international market as Saudi Aramco has slashed the official selling prices for propane and butane for March.

The new prices are set at $615 per tonne for propane and $605 per tonne for butane.