BERC reduces LPG cylinder prices further

Bangladesh Energy Regulatory Commission (BERC) on Thursday reduced the retail prices of liquefied petroleum gas (LPG) of private companies by around seven per cent.

According to the new rate, the private companies will have to sell 12kg LPG cylinder at Tk 906. Currently, the price for a 12kg LPG cylinder is being sold at Tk 975.

The new price rate will be made effective from the next month, Bangladesh Energy Regulatory Commission (BERC) Chairman Abdul Jalil said while announcing the new price at a virtual press conference.

The BERC chairman said they re-fixed the prices as per the new rate of the Saudi Contract Price for May.

However, the commission did not re-fixed the prices of the LPG gas sold by the state-owned Liquid Petroleum Gas Ltd (LPGL).  The current price of the 12.5kg LPG cylinder sold by LPGL is Tk 591.

The BERC fixed the LPG prices for the second time within a month.

On April 12, Bangladesh Energy Regulatory Commission, for the first time, fixed the retail prices of liquefied petroleum gas yesterday disappointing consumers.