LPG price
LPG price slashed again, 12kg cylinder to cost Tk 999
Price of liquefied petroleum gas (LPG) has been slashed again. Bangladesh Energy Regulatory Commission (BERC) announced the new price, saying that a 12kg LPG cylinder’s price has been reduced by Tk 75.24.
A retail consumer will now get it at Tk 999 instead of Tk 1,074 (including VAT).
Prices of other sizes of LPG cylinders – from 5.5kg to 45kg – will go down rationally, Md Nurul Amin, newly appointed chairman of BERC, said at a press briefing on Monday at the BERC office in Dhaka.
The new prices will be effective from 6 pm today (July 3, 2023).
LPG price drops by Tk 13.42 per kg
BERC officials said the LPG price witnessed a decline in the local market due to the decrease in the prices of Saudi CP (contract price).
Bangladeshi LPG operators normally import their products from the Middle-East market on the basis of Saudi CP.
As per the BERC decision, the price of “auto gas” (LPG used for motor vehicles) also dropped to Tk 46.59 (including VAT) per litre from the previous Tk 50.09.
12-kg LPG price goes up by Tk 57 to Tk 1235
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 percent.
LPG 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.
12kg LPG cylinder to cost Tk 244 less
1 year ago
LPG price drops by Tk 13.42 per kg
Price of Liquefied Petroleum Gas (LPG) has slashed by Tk 13.42 per kg to Tk 89.48 from the previous price of Tk 102.9 for the month of June.
Bangladesh Energy Regulatory Commission (BERC) announced the new price, saying that a 12kg LPG cylinder’s price has reduced by Tk 161.
A retail consumer will get it now at Tk 1,074 instead of Tk 1235 (including VAT).Prices of other sizes of LPG cylinders – from 5.5kg to 45kg – will go down rationally, Md Nurul Amin, newly appointed chairman of BERC, said at a press briefing on Thursday at the BERC office in Dhaka.
The new prices will be effective from 6 pm today (June 1, 2023).
BERC officials said the LPG price witnessed a rise in the local market due to the decrease in the prices of Saudi CP (contract price).
Bangladeshi LPG operators normally import their products from the Middle-East market on the basis of Saudi CP.
Also read: 12-kg LPG price goes up by Tk 57 to Tk 1235
As per the BERC decision, the price of “auto gas” (LPG used for motor vehicles) also dropped to Tk 50.09 (including VAT) per litre from previous Tk 57.52, down by 7.43 per litre.
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 percent.
LPG 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.
1 year ago
12-kg LPG price goes up by Tk 57 to Tk 1235
Price of liquefied petroleum gas (LPG) has increased by Tk 4.75 per kg to Tk 102.9 from the previous price of Tk 98.17 for the month of May.
Bangladesh Energy Regulatory Commission (BERC) announced the new price, saying that a 12kg LPG cylinder’s price has increased by Tk 57.
A retail consumer will get it now at Tk 1235 instead of Tk 1178 (including VAT).
Read More: 12kg LPG cylinder to cost Tk 244 less
Prices of other sizes of LPG cylinders – from 5.5kg to 45kg – will go up rationally, Md Nurul Amin, newly appointed chairman of BERC, said at a press briefing on Tuesday at the BERC office in Dhaka.
The new prices will be effective from 6 pm today (May 2, 2023).
BERC officials said the LPG price witnessed a rise in the local market due to a increase in the prices of Saudi CP (contract price).
Bangladeshi LPG operators normally import their products from the Middle-East market on the basis of Saudi CP.
As per the BERC decision, the price of “auto gas” (LPG used for motor vehicles) also increased to Tk 57.52 per litre (including VAT) from the previous Tk 54.90 per litre, up by Tk2.62 per litre.
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 percent.
LPG 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.
1 year ago
New price of 12kg LPG, increases by Tk 51 to Tk 1251
Price of liquified petroleum gas (LPG) has increased by Tk 4.25 per kg to Tk 104.26 from previous rate of Tk 100.01 per kg as the Bangladesh Energy Regulatory Commission (BERC) on Wednesday (November 02, 2022) announced the new value of the petroleum gas for the month of November. As per the new price, a retail consumer will get a 12-kg LPG cylinder at Tk 1251 instead of previous price of Tk 1,200.
The prices of LPG for other sizes of cylinders from 5.5 kg to 45 kg will go up rationally, said BERC chairman Abdul Jalil, who announced the new price at a virtual press briefing.
Read more: LPG could be ready solution to energy problem for industries: Speakers As per the announcement, the price of auto gas (LPG used for motor vehicles) was increased too to Tk 58.28 per litre from previous price of Tk 54.33 per litre, up by Tk 3.95 per litre. The new price will be effective from 6 pm on Wednesday (Novemer 2). Jalil informed that the US Dollar rate was considered at Tk 106.25 in refixing the price of the LPG as private operators import it from Middle East through foreign currency.
Read more: MoU signed for movement of Indian POL, LPG carrying vehicles through Bangladesh He said though the LPG price has substantially come down in the global market, consumers are not getting full advantage of the downward trend due to the high dollar price in the local market. Last month, the dollar exchange rate was considered Tk106.64.
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%.
Read More Omera launches online system to provide doorstep delivery of LPG to customers in Dhaka The LPG price went up to the highest Tk1,439 (a 12kg cylinder) in the local market, following the start of the Russia-Ukraine war in February this year. The LPG price in Bangladesh was the lowest at Tk1,225 for a 12kg cylinder in January this year and it witnessed continuous hikes in February, March and April.
2 years ago
New price of 12kg LPG, declines by Tk 35 to Tk 1200
Price of liquified petroleum gas (LPG) has declined by Tk 2.91 per kg as the Bangladesh Energy Regulatory Commission (BERC) on Sunday announced the new value of the petroleum gas for the month of October.
As per the new price, a retail consumer will get a 12-kg LPG cylinder at Tk 1200 instead of previous price of Tk 1,235.
The prices of LPG for other sizes of cylinders from 5.5 kg to 45 kg will come down rationally, said BERC chairman Abdul Jalil, who announced the new price at a virtual press briefing on Sunday.
As per the announcement, the price of auto gas (LPG used for motor vehicles) was reduced to 55.92 per litre from previous price of Tk 57.55 per litre, down by Tk 1.63 per litre.
The new price will be effective from 6 pm on Sunday (October 2).
Jalil informed that the US Dollar rate was considered at Tk 106.64 in refixing the price of the LPG as private operators import it from Middle East through foreign currency.
He said though the LPG price has substantially come down in the global market, consumers are not getting full advantage of the downward trend due to the high dollar price in the local market.
Last month, the dollar exchange rate was considered Tk104.02
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 Tk1,439 (a 12kg cylinder) in the local market, following the start of the Russia-Ukraine war in February this year.
The LPG price was the lowest at Tk1,225 for a 12kg cylinder in January this year and it witnessed continuous hikes in February, March and April.
2 years ago
LPG cylinders costlier from today
Be ready to shell out more for a gas cylinder in Bangladesh.
The Bangladesh Energy Regulatory Commission (BERC) on Wednesday hiked the price of liquefied petroleum gas (LPG) by Tk 1.33 per kg.
This effectively means that a 12kg container will now cost a household Tk 1,235 instead of the earlier Tk 1,219, up by Tk 16.
"Five to 45kg LPG containers will be rationally sold as per the new rates," said BERC acting chairman ABM Faruque.
As per announcement, the price of gas for motor vehicles has been increased to 57.55 per litre instead of the earlier Tk 56.85 per litre.
Read: Rice price hike adds to plight of low-income people in Bagerhat
Faruque said though the LPG price has substantially come down in the global market, consumers are not getting full advantage of the downward trend due to the high dollar price in the local market.
Operators have to import LPG from the international market.
He informed that the dollar exchange rate was considered Tk 104.02 on the basis of the weighted average rate of 16 importing companies' LC settlements.
Referring to the Commission’s discussion with Bangladesh Bank, he said the central bank’s dollar exchange rate is not applicable to private importers.
“BB informed the BERC that only two government entities enjoy the benefits of the central bank’s set dollar rate”, he added.
Read: Why fuel price hike through gazette notification should not be declared illegal: HC
As a result, local banks are not abiding by the dollar rate fixed by Bangladesh Bank. Rather, they set the dollar price depending on the demand and supply and their relation with clients.
Banks are calculating dollar rates much higher than Bangladesh Bank’s rate.
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 5.0 percent.
The LPG price went up to the highest Tk 1,439 (a 12kg cylinder) in the local market, following the start of the Russia-Ukraine war in February this year.
The LPG price was the lowest at Tk 1,225 for a 12 kg cylinder in January this year and it witnessed continuous hikes in February, March and April.
2 years ago
LPG price hiked by Tk 1 per kg
The price of liquefied petroleum gas (LPG) has increased by Tk 1 per kg.
From now, 12 kg container will be sold at Tk 1254 instead of Tk 1242 (May, 2022) from 6 pm Sunday.
The Bangladesh Energy Regulatory Commission (BERC) announced the price at a virtual briefing on Sunday.
Read: 12kg LPG price lowered by Tk 93
The other quantity containers of LPG from 5 kg to 45 kg will rationally be sold at per the new rates, said BERC chairman Abdul Jalil.
As per announcement, the price of auto gas for motor vehicles has been increased l to Tk 58.46 per litre instead earlier Tk 57.91 per litre.
Abdul Jalil said though the price of LPG has come down on the international market, the price has increased locally due to higher price of US Dollar.
Last month US Dollar price was Tk 85 while this month Dollar price was calculated at Tk 93.50.
Jalil said the price of LPG, marketed by the state-owned LP Gas Company, will have no effect as it is locally produced with a market share of less than 5 percent.
The LPG price had gone up to the highest Tk 1439 (12 kg) in the local market following the start of the Russia-Ukraine war in February this year.
The LPG price was lowest at Tk 1225 for 12 kg in January this year and it witnessed continuous hike in price in February, March and April.
Read:Per kg LPG price declines by Tk 8.68, 12 kg container to be sold at Tk 1335
Abdul Jalil said that globally the price of Saudi CP (contract price) has declined.
Bangladeshi private LPG operators mainly import the gas from the Middle East market based on Saudi CP.
The BERC, for the first time, fixed the retail-level LPG prices on April 12 after holding a public hearing to comply with a High Court order.
2 years ago
12kg LPG price lowered by Tk 93
The price of liquefied petroleum gas (LPG) has decreased further by Tk 7.23 per kg.
From now, the consumers will get a 12kg bottle of this cooking gas at a lower price by Tk 93 as the its price has been set at Tk 1242 instead of the last month’s (May, 2022) price of Tk 1335.
The Bangladesh Energy Regulatory Commission (BERC) announced the price at a virtual briefing on Thursday.
The new price will come into effect at 6pm today( Thursday).
Also read: Per kg LPG price declines by Tk 8.68, 12 kg container to be sold at Tk 1335
The other quantity containers of LPG from 5 kg to 45 kg will rationally be sold at per the new rates, said BERC chairman Abdul Jalil.
As per announcement, the price of auto gas for motor vehicles has been lowered to Tk 57.91 per litre from the earlier price of Tk Tk 62.21.
However, the price of LPG, marketed by the state-owned LP Gas Company, will have no effect as it is locally produced with a market share of less than 5 percent.
The LPG price had gone up to the highest Tk 1439 (12 kg) in the local market following the start of the Russia-Ukraine war in February this year.
The LPG price was lowest at Tk 1225 for 12 kg in January this year and it witnessed the continuous hike in price in February, March and April.
Abdul Jalil said that globally the price of Saudi CP (contract price) has declined which gives the benefit to the local consumers as Bangladeshi private LPG operators mainly import the gas from the Middle East market based on Saudi CP.
Also read: LPG gets costlier further by Tk 48 per 12-kg container
The BERC, for the first time, fixed the retail-level LPG prices on April 12 after holding a public hearing to comply with a High Court order.
2 years ago
Per kg LPG price declines by Tk 8.68, 12 kg container to be sold at Tk 1335
After 3 months of continuous upward trend in prices, the energy regulator has lowered the price of the Liquified Petroleum Gas (LPG) with effect from 6 pm on Thursday.
As per the announcement of Bangladesh Energy Regulatory Comission (BERC), consumers will enjoy the LPG gas at a lowered price by Tk 8.68 per kg as the new price has been set at Tk 111.26 instead of previous price of Tk 119.94.
Also read:Omera launches online system to provide doorstep delivery of LPG to customers in Dhaka
As a result, a 12kg LGP container, a popular one, will be selling at Tk 1,335 including VAT instead of last months’ price of Tk 1,439, lowered by Tk 104.
BERC chairman Abdul Jalil announced the new price of LPG on Thursday afternoon.
He said the new price of LPG will be rationally applicable for other containers from 5 kgs to 45 kgs.
The BERC also set the auto gas price at a lower rate of Tk 62.21 per litre instead of previous Tk 67.02 for the the motor vehicles.
Abdul Jalil said that globally the price of Saudi CP (contract price) has declined which gives the benefit to the local consumers as Bangladeshi private LPG operators mainly import the gas from the Middle East market based on Saudi CP.
He, however, said the price of LPG, marketed by the state-owned LP Gas Company, will have no effect as it is locally produced which market share is less than 5 percent.
Also read: LPG gets costlier further by Tk 48 per 12-kg container
The LPG price was lowest at Tk 1225 for 12 kg in January this year and it witnessed the continuous hike in price in February, March and April.
Industry insiders said the global LPG market witnessed a rising trend in prices following the Russia-Ukraine war that began in February this year.
The BERC, for the first time, fixed the retail-level LPG prices on April 12 after holding a public hearing to comply with a High Court order.
2 years ago
LPG gets costlier by Tk 62 per 12-kg container
The price of private operators' liquefied petroleum gas (LPG) has been increased by Tk 62 to 1,240 from Tk 1178 per 12-kg container with effect from 6 pm today (Thursday, Feb 3) at the retail level, including the value added tax (VAT).
Bangladesh Energy Regulatory Commission (BERC) announced the new price at a press briefing on Thursday.
Read: LPG gets cheaper by Tk 50 per 12-kg container
As per the announcement, the prices for other quantities of the LPG will also go up in line with the new price at the same ratio.
The price of autogas for motor vehicles has also gone up to Tk 57.51 from the present price of Tk 54.95 per litre.
Making the announcement, BERC Chairman Abdul Jalil said the price of retail LPG has witnessed the rise as the bulk LPG of Saudi contract price (CP) has increased globally at the effect of volatility due to Covid-19 recovery trend and also for the brewing tensions between Ukraine and Russia.
"Saudi CP price will go up to $775 from the previous price of $420 per metric ton. Bangladesh's private LPG operators buy the bulk LPG on the basis of the Saudi CP," he told reporters at the virtual briefing.
The other members of the BERC were present on the occasion.
The BERC chairman said the price of the state-owned LP Gas Company's LPG will remain unchanged as it has no relation with the global market price.
Read: Private operators’ LPG: Price goes up again
According to industry insiders, the Saudi CP is normally announced at the end of every month to make it effective for the next month, and it takes 7-10 days for a shipment of the fuel to arrive in the country.
Most Bangladeshi private companies import their bulk LPG from the Middle East on the basis of Saudi CP and market it locally.
The BERC for the first time fixed the retail-level LPG price on April 12 after holding a public hearing to comply with a High Court order.
2 years ago