12kg LPG price raised by Tk 23 for Dec

Bangladesh Energy Regulatory Commission (BERC) on Sunday raised liquefied petroleum gas (LPG) price by around 1.66 per cent for December sale of the cooking fuel to clients by private operators.
The country's private operators now will have to charge Tk 1,404 per 12kg cylinder, up by Tk 23 from November's retail price of Tk 1,381.
BERC chairman Md Nurul Amin announced the new price of cooking fuel at a press briefing in the commission's office. The price came into effect from 6:00 pm Sunday.
The commission adjusted the cooking fuel price for the domestic market considering the Saudi Aramco contract price (CP) for December 2023 as the benchmark.
It also considered fluctuations in foreign exchange rates and changes in the value-added tax (VAT).
The BERC has been fixing the LPG prices for private operators within the first week of every month since April 2021.
The private sector will be able to sell LPG through different sizes of cylinders like 5.5 kg, 12.5kg, 15kg, 16kg, 18kg, 20kg, 22kg, 25kg, 30kg, 35 kg and 45 kg to consumers at proportionately higher prices in December, according to the BERC announcement.
The retail price of autogas, the LPG being used in vehicles, also raised to Tk 64.43 per litre including VAT for December from Tk 63.36.
The price of state-owned LP Gas's LPG, however, kept unchanged at Tk 591 per 12.5 kg cylinder.
Sources said, currently some 27 LPG operators are doing business although some 58 received licenses to carry out the business.
Some 26 operators import around 1.10 million tonnes of LPG from the international market, which is around 98 per cent of the country's total requirement for LPG, while seven are satellite operators.
Some 35 million LPG cylinders are being used in the LPG businesses in the country.
Around 200 road tankers, 5,000 trucks and 21 cargoes are involved in the LPG businesses across the country.

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