12kg LPG cylinder price reduced to Tk 906

The energy regulator today reduced the retail prices of liquefied petroleum gas (LPG) of private companies by around 7 per cent.

According to the new rate, the private companies will have to sell 12kg LPG cylinder at Tk 906, down from the existing price of Tk 975.

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

He said they re-fixed the prices as per the new rate of the Saudi contract price for May.

However, the commission did not re-fix 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 in a month.

On April 12, the commission fixed the retail prices of LPG for the first time.