The price of liquefied petroleum gas has decreased by Tk 6.33 per kilogram to Tk 118.54 from the previous price of Tk 124.85 per kg for the month of March.
Bangladesh Energy Regulatory Commission announced its latest price through a press release recently.
As per the new price, 12kg LPG cylinder cost has cut by Tk 76 as a retail consumer will get it at Tk 1,422 instead of previous price of Tk 1498.
LPG prices for other sizes of cylinders – from 5.5kg to 45kg – will go down rationally, said the BERC press release.
An official of the BERC said that the prices witnessed such fall due to a decline in the prices of Saudi CP.
As per the BERC decision, the price of “auto gas” (LPG used for motor vehicles) also decreased to Tk 66.22 per liter (including VAT) from previous Tk 69.71 per liter, down by Tk 3.49 per liter.
The price of LPG, marketed by state-owned LP Gas Company, will remain the same as it is locally produced with a market share of less than 5 per cent.
The LPG price witnessed the highest price at Tk 1,498 (per 12kg cylinder), in the local market in February this year following the start of the Russia-Ukraine war in February last year.