NN Online:
The price of liquefied petroleum gas (LPG) will remain unchanged for the month of January. This marks the second consecutive month that LPG prices have stayed the same.
According to Bangladesh Energy Regulatory Commission (BERC), the price of per kg LPG will remain at Tk 121.25 for the month of January as it was in November and December. The decision will be effective from 6pm Thursday.
BERC announced the decision saying that a 12 kg LPG cylinder’s price will remain unchanged.
Prices of other sizes of LPG cylinders – from 5.5 kg to 45 kg – will be the same, BERC said at a press briefing on Thursday at its Dhaka office.
BERC officials said LPG price remains unaffected in the local market as Bangladeshi LPG operators normally import their products from the Middle-Eastern market on the basis of Saudi CP which did not change.
As per the BERC decision, the price of “auto gas” (LPG used for motor vehicles) also remained at Tk 66.78 per litre (including VAT).
The price of LPG, marketed by state-owned LP Gas Company, will also remain the same as it is locally produced with 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 last year.
