The Bangladesh Energy Regulatory Commission (BERC) has
increased the price of 12kg Liquefied Petroleum Gas (LPG) cylinders by Tk23 for
the month of December.
The new price stands at Tk1,404. Earlier, the BERC had
increased the price of 12kg LPG cylinders by Tk18 to Tk1,381 for the month of
November.
The new prices will come into effect from 6:00pm on Sunday
(3 December), according to the commission.
The price of a 12kg LPG cylinder was the lowest at Tk999 in
July this year. The price continued to rise since then, reaching Tk1,284 in
September and Tk1,363 in October. Till 12 April 2021, LPG rates were fixed by
the companies.
At the time, the government announced that prices of LPG,
which is highly dependent on import, will be fixed by authorities based on the
price announced by the Saudi state company Aramco.
If Saudi prices go up, the base price will go up, according
to the government announcement. The BERC has been setting up the LPG rates
every month since the announcement.
