12kg LPG cylinder price cut by Tk 55

Bangladesh Energy Regulatory Commission (BERC) has reduced the price of liquefied petroleum gas (LPG) of a 12kg cylinder for June by Tk 55 to Tk 1,885 from Tk 1,940 in May.

The new prices are set to take effect from 6pm on Tuesday, according to a BERC notice.

BERC fixed the retail price of private LPG at Tk 157.06 per kg, down from Tk 161.71 per kg in May, reflecting a decline in the international benchmark Saudi Aramco Contract Price (CP).

For June, Saudi Aramco set the CP for propane at $760 per tonne and butane at $820 per tonne. Based on the 35:65 propane-butane mix used by BERC, the weighted average CP stood at $799 per tonne, compared with $782.5 per tonne in May.

According to the revised pricing structure, a 5.5kg LPG cylinder will cost Tk864, while the prices of 12.5kg, 15kg, 20kg and 45kg cylinders have been fixed at Tk 1,963, Tk 2,356, Tk 3,141 and Tk 7,068, respectively.

BERC also reduced the consumer price of autogas by Tk 2.59 per litre to Tk 86.93 per litre, from Tk 89.52 per litre in May.
The price of LPG supplied through reticulated systems has been set at Tk 153.31 per kg in liquid form and Tk 340.70 per cubic metre in gaseous form.