Price of 12-kg cylinder drops by Tk28

NN Online:

The price of a 12-kg LPG cylinder has been reduced to Tk 1,450 for March, down Tk 28 from the previous month’s price of Tk 1,478. The new rate takes effect from 6pm on Monday.

As per the announcement of the Bangladesh Energy Regulatory Commission (BERC), the price of per kg LP gas has been brought down by Tk 2.35 to Tk 120.81 from Tk 123.16 for the month.

The prices for other sizes of LPG cylinders-ranging from 5.5 kg to 45 kg-will also go down accordingly, the BERC added.

It also said the price of “auto gas” (LPG used for motor vehicles) has been adjusted to Tk 66.43 from Tk 67.78 (including VAT) per litre.

However, the price of LPG marketed by the state-owned LP Gas Company will remain unchanged, as it is locally produced and holds a market share of less than 5 per cent.

LPG witnessed the highest price at Tk 1,498 (per 12 kg cylinder) in the local market in February in 2023.