LPG prices remain steady in March as BERC maintains Feb rates

The Bangladesh Energy Regulatory Commission (BERC) has decided to keep the price of 12kg liquefied petroleum gas (LPG) cylinders unchanged at Tk 1,341 for the month of March.

The new rates will be effective from 6pm Monday, according to a notice issued by the commission.

The price remains at the same level set in February, which was adjusted on Feb 23 following changes in the duty structure.

The energy regulator adjusted the local rates based on the Saudi contract price (CP) for March, as announced by Saudi Aramco.

For this month, the CP for propane is fixed at $545 per metric tonne, while butane is at $540.

With a 35:65 mixing ratio, the average Saudi CP stands at $541.75 per tonne.

Considering an average exchange rate of Tk 122.47 per USD, the retail price for private LPG has been set at Tk 111.74 per kg.

The commission also announced revised prices for various cylinder sizes, setting the price at Tk 615 for a 5.5 kg cylinder, Tk 1,341 for a 12 kg cylinder, Tk 1,397 for a 12.5 kg cylinder, Tk 1,676 for a 15 kg cylinder, Tk 2,794 for a 25 kg cylinder, and Tk 5,028 for a 45 kg cylinder.

For private LPG supplied through the reticulated system, the price is set at Tk 107.99 per kg in liquid form and Tk 239.90 per cubic metre in gaseous form.

The price of autogas remains at 61.83 per litre.

The price of the state-owned company’s 12.5kg LPG cylinder will remain unchanged at 776.93.