Price increase of Tk 46 for a 12 kilogram LPG cylinder

Following today's announcement of the most recent gas prices for the month of December by the Bangladesh Energy Regulatory Commission (BERC), the price of liquified petroleum gas (LPG) has increased by Tk 3.84 per kg to Tk 108.09 from the previous price of Tk 104.26 per kg.

A retail customer will now pay Tk 1297 instead of Tk 1251 for a 12kg LPG cylinder under the revised price. The cost has gone up by Tk 46.

LPG prices for other sizes of cylinders – from 5.5kg to 45kg – will go up rationally, said BERC chairman Abdul Jalil, who announced the new price at a virtual press briefing.

As per the announcement, the price of “auto gas” (LPG used for motor vehicles) was increased too – to 60.41 per litre from previous price of Tk 58.28 per litre, up by Tk 2.13 per litre.

The new price will be effective from 6 pm today (December 4, 2022).

The price of LPG, marketed by state-owned LP Gas Company, will remain as usual as it is locally produced with a market share of less than 5%.

The LPG price went up to the highest, Tk 1,439 (per 12kg cylinder), in the local market, following the start of the Russia-Ukraine war in February this year.

LPG price in Bangladesh was the lowest at Tk 1,225 for a 12kg cylinder in January this year and it witnessed continuous hikes in February, March and April.