The Chittagong district administration has stepped up surveillance of the liquefied petroleum gas (LPG) market to prevent hoarding, artificial shortages and overcharging amid concerns over supply disruptions.
A monitoring committee has been formed with representatives of LPG importing companies, while mobile courts are conducting drives to ensure compliance with government-fixed prices.
Chittagong Deputy Commissioner Mohammad Zahidul Islam Miah disclosed the measures while speaking to journalists today.
He said the administration was closely monitoring LPG imports and distribution to prevent supply disruptions and protect consumers from price manipulation.
"We are working with the relevant authorities to maintain normal supplies and ensure LPG is sold at the government-fixed price," he said.
According to the DC, seven of the country's 21 LPG mother plants are located in Chittagong, while the remaining 14 are in Mongla.
The administration is collecting regular updates on import volumes and supplies to distributors and retailers to detect possible irregularities.
The monitoring committee, formed following a meeting with LPG importers, is overseeing the movement of the fuel through the supply chain.
The DC said mobile court operations had also been intensified following allegations of hoarding and overcharging.
He said the Bangladesh Energy Regulatory Commission (BERC) had revised the LPG price from Tk 1,585 to Tk 1,837.
Several retailers had earlier complained that some dealers were manipulating prices ahead of the revision. However, no fresh complaints had been received since the new price took effect, he added.
Despite this, market surveillance and enforcement drives would continue.
Referring to international supply pressures, Zahidul said tensions involving Iran and the United States had disrupted energy shipments through the Strait of Hormuz, complicating LPG imports from Qatar, Oman and other countries.
Domestic demand, however, remained unchanged.
Bangladesh requires around 1.8 million tonnes of LPG annually, with the public sector accounting for about one percent of supply and around 19 private companies meeting most of the remaining demand, according to the DC.
He said the administration would maintain strict oversight of the supply chain to prevent traders from exploiting international disruptions to create artificial shortages or charge excessive prices.
Legal action would be taken against those found violating pricing regulations, he added.
-SA