Price of 12kg LPG cylinder jumps by Tk 387

BD Digest Report

At the consumer level, the price of liquefied petroleum gas (LPG) in the private sector has increased by Tk 387 per 12 kg. The price of a 12 kg cylinder for the current month of April has been fixed at Tk 1,728. The new decision will come into effect from 6 pm today, Thursday.

Bangladesh Energy Regulatory Commission (BERC) Chairman Jalal Ahmed announced the new price at a press conference on Thursday.
It is worth noting that BERC has been determining the price of LPG since April 2021. Propane and butane, the main ingredients of LPG, are imported from different countries. Every month, the price of these two components of LPG is published by Saudi Arabian company Aramco. It is known as the Saudi Cargo Price (CP). BERC adjusts the price of LPG in the country using this Saudi CP as the base price. BERC calculates the dollar price for the entire month by averaging the invoice price of the importing company.