12-Kg-LPG price falls by Tk 40

LPG cylinderFile photo

The Bangladesh Energy Regulatory Commission (BERC) has reduced the price of 12-kg cylinders of liquefied petroleum gas (LPG) by Tk 40. The price was raised by Tk 8 last month.

The new rate will be in effect from 6:00 pm Wednesday. The price per 12-kg cylinder of LPG gas has been fixed at Tk 1,442, which was Tk 1,482 in February. These cylinders are mainly used for household purposes.

The BERC declared the new rate at a press conference in its office Wednesday. The government agency adjusts the price of LPG every month. BERC chairman Nurul Amin announced the new rate at the press conference.

The BERC has been adjusting the LPG prices every month since 2021. Propane and butane, two key ingredients of LPG, are imported from different countries.

Saudi Arabian company Aramco publishes the prices of these two components of LPG every month. This is known as Saudi Cargo Price (CP). BERC adjusts LPG prices in the country based on this Saudi CP base price.