The Bangladesh Energy Regulatory Commission (BERC) has reduced the retail price of liquefied petroleum gas (LPG) by Tk91 per 12kg cylinder, setting the new price at Tk1,273, effective from Sunday evening (Aug 3).

The BERC announced the new price today. 

The price of autogas—used as fuel in vehicles—has also been slashed by Tk4.18, bringing it down to Tk58.28 per litre, inclusive of VAT.

This marks the second consecutive month of price reductions. 

On July 2, BERC had cut the price of a 12kg LPG cylinder by Tk39, setting it at Tk1,364, and lowered autogas prices by Tk1.84 to Tk62.46 per litre.

BERC adjusts LPG prices every month based on Saudi Aramco’s contract prices, as well as global market trends and exchange rate fluctuations.

MN/