In a recent update from the Bangladesh Energy Regulatory Commission (BERC), the price of liquefied petroleum gas (LPG) has been raised by Tk0.66, reaching a new rate of Tk123.52 per kg, up from the previous Tk122.86. This adjustment, effective from 6 pm on Sunday, signals a slight uptick in household and commercial expenses.
The BERC, during a press briefing on March 3, provided details on the price adjustment, stating that the cost for a standard 12 kg LPG cylinder will now be Tk1,482, inclusive of VAT, marking an increase from the previous Tk1,474. This adjustment follows a rational scale across various LPG cylinder sizes, ranging from 5.5 kg to 45 kg, aiming to ensure a proportional price revision across different consumer segments.
Additionally, the price for “auto gas,” the LPG variant used in motor vehicles, has also been revised to Tk68.05 per litre, including VAT, a slight increase from Tk67.68. This adjustment reflects the broader impact of LPG price changes on transportation and related costs.
It is noteworthy that LPG prices offered by the state-owned LP Gas Company will remain unchanged. This exception is attributed to its local production and the company’s minimal market share, which is less than 5%.
The decision to adjust LPG prices is a response to the escalating costs in the international market, particularly linked to the rise in the Saudi CP (contract price), a benchmark influencing local operators importing LPG primarily from the Middle East.
