Bangladesh Energy Regulatory Commission (BERC) has reduced the price of Liquefied Petroleum Gas (LPG) of 12 kg cylinder at the retailer level by Tk. 91, lowering the price to Taka 1,273 from Tk. 1,364 with effect from 6pm on Sunday.
The chairman of the commission Jalal Ahmed announced the new price at a press conference on Sunday.
"LPG producing companies will sell a 12-kg LPG cylinder at Tk 1,178, while the wholesale price will be Tk. 1,228. At the retail market, the 12-kg LPG price will be at Tk. 1,273," he said.
Ahmed said the BERC also fixed the prices of auto gas at Tk. 58.28 per litre, reducing the amount by Tk. 4.18 against a litre.
He said that the price of government-owned 12.50 kg LPG at the dealer/retailer point is Tk. 825, which will remain unchanged.
The BERC chairman said that the price adjustment for private LPG has been made in line with the Saudi CP (Contract Price).
According to the new price of LPG, the price at the retailer level owned by the private sector, LPG cylinders of 5.5 kg have been fixed at Tk. 584, 12.5 kg LPG at Tk. 1,326, 15 kg at Tk. 1,592, 16 kg at Tk. 1,698, 18 kg at Tk. 1,910, 20 kg at Tk. 2,122, 22 kg at Tk. 2,334, 25 kg at Tk. 2,653, 30 kg at Tk. 3,183, 33 kg at Tk. 3,502, 35 kg at Tk. 3,714 and 45 kg at Tk. 4,775.
The chairman said the price was re-fixed in line with the readjustment international market as Saudi Aramco has slashed the official selling prices for propane and butane for August.
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