LP gas price reduced to Tk 842 from 1 June

The Bangladesh Energy Regulatory Commission (BERC) has re-fixed the price of Liquefied Petroleum Gas (LPG) of private companies at retail level with effect from 1 June, reports UNB.

As per the new prices, the private companies will have to sell 12 kg LPG at Tk 842 instead of current price of Tk 906. The regulatory body re-fixed the price adjusting with Saudi Contract Price (CP).

The price of LP Gas Company Ltd, the state-owned company, will remain same at Tk 591 for 12.5 kg LPG as it has no relation with Saudi CP.

In re-fixing the price, the value of per kg of LPG was considered to be Tk 70.17 including VAT and such price will be applicable for re-fixing the price of other weighed containers.

The Auto gas price was also re-fixed at Tk 41.47 per litre against the current price of Tk 44.70 under the price adjustment procedure.

“This price will be applicable from 1 June,” said the chairman of BERC Md Abdul Jalil while announcing the new price through a virtual briefing on Monday.

"The private companies' LPG price was re-fixed on the basis of Saudi CP," he added.