12kg LPG cylinder gas price reduced by Tk49 to Tk1,393

The price of a 12 kilogram consumer grade LPG has been fixed at Tk1,393 for the month of May.

Earlier, the price of a 12 kg LPG cylinder was Tk1,442.

The new price became effective from 6pm today, said Nurul Amin, chairman of the Bangladesh Energy Regulatory Commission (BERC), while announcing the new rates in a press conference on Thursday (2 May). 

At the consumer level, the price will be Tk116.08 per kg including VAT at retailer points, while the price of LPG sold by the government will be Tk16.08 per kg.

Accordingly, the price of cylinders weighing 5.5, 12, 15, 16, 18, 20, 25, 30, 35 and 45 kg has been decreased.

Along with LPG, the price of autogas used in cars has also come down. The price of autogas per litre has been fixed at Tk63.92, which was Tk66.21 per litre last month.

Due to the closure of new natural gas connections, the use of LPG in household cooking, restaurants, transport, small and large industries have increased.

However, consumers have complained they have to pay more than the price fixed by the government. The truth of the complaint was also found after visiting the market.

Last March, the price of a 12 kg LPG cylinder was Tk1,482. In February it was Tk1,474, in January Tk1,433. In December 2023, it  was Tk1,404, in November Tk1,381, in October Tk1,363, in September Tk1,284, in August Tk1,140, in July Tk999, in June Tk1,074 , in May Tk1,235 and in April Tk1,178.

The BERC has been announcing LPG prices every month in coordination with Saudi Aramco company's propane and butane prices to keep in line with the international market.

On 12 April 2021, BERC fixed the price of LPG for the first time in the country. Since then, the price is adjusted once every month.