Bangladesh Energy Regulatory Commission (BERC) has set the retail price of 12 kg LPG as Tk 1,403 for June, making it cheaper by Tk 28.
The BERC slashed the LPG selling price for private operators in line with the downtrend of oil and gas prices in international market.
The new prices came into effect from Monday.
The BERC Chairman Jalal Ahmed announced the new LPG prices at a press conference in BERC office at Kawran Bazar in the city on Monday.
The BERC adjusted cooking fuel prices for the domestic market based on the Saudi Aramco contract price for June 2025. It also factored in fluctuations of foreign exchange rates and changes in value-added tax (VAT).
The Saudi Aramco CP (contract price) price of propane and butane is US dollar (USD) 600 and USD 570 per tonne respectively for June trading.
The BERC calculated the price of a propane and butane mixture at a ratio of 35:65 as USD 580.50 per tonne.
The commission has been setting LPG prices for private operators within the first week of every month since April 2021.
The private sector can sell LPG in various cylinder sizes -- 5.5kg, 12.5kg, 15kg, 16kg, 18kg, 20kg, 22kg, 25kg, 30kg, 35kg and 45kg -- to consumers at proportionately lower prices in June.
The price of LPG supplied through a reticulated system or centralised storage system was also cut to Tk 251.50 per cubic metre in June.
The retail price of auto-gas, the LPG used in vehicles, was also slashed to Tk 64.30 per litre for June from Tk 65.57 per litre in May.
The price of the state-owned LP Gas's LPG also remained unchanged at Tk 825 per 12.5-kg cylinder.
Sources said that currently around 27 LPG operators are in business, although licences were issued to about 58 companies.
Some 26 operators import about 1.10 million tonnes of LPG from the international market, which accounts for around 98 per cent of the country's total LPG demand, while seven are satellite operators.
About 35 million LPG cylinders are in use across the country's LPG businesses.
The sector employs around 200 road tankers, 5,000 trucks and 21 cargo vessels nationwide.
azizjst@yahoo.com
