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Bangladesh has cut the prices of liquefied petroleum gas by about 7 per cent to Tk 999 per 12-litre cylinder in line with rates on the international market.
Bangladesh Energy Regulatory Commission Chairman Md Nurul Amin announced the price at a media briefing on Monday. The new prices will take effect at 6 pm on Monday.
The current price of a 12-litre cylinder of LPG is Tk 1,074, according to bdnews24.com.
Saudi Aramco set the price of propane at $400 per tonne and of butane at $350 a tonne in the month of July, the BERC said.
“As a result, the average price of these two materials [in a mixture] is $383.75. Accordingly, the retail price of private LPG and autogas has been revised for July.”
The price of LPG per kg was fixed at Tk 83.21 with tax, the BERC said. The price of autogas at the retail level has been fixed at Tk 46.59 per litre.