Bangladesh Energy Regulatory Commission (BERC) has adjusted downward the price of liquefied petroleum gas (LPG) and cut the prices by Tk 35 per 12-kg cylinder to Tk 1,219 from existing rate of Tk 1,254 as sold by the private companies.
The new price rate has come to effect from Tuesday (Aug 2).
The price of different quantity of LPG cylinders will be determined accordingly, local media reported.
The BERC said it has adjusted the price after LPG prices went down in the global market.
The price of LPG sold by state-owned LP Gas Limited remains unchanged and the price of 12.5 kg cylinder of LPG is Tk 591.
The new price of LPG (auto gas) used in cars has been fixed at Tk 56.85 per liter, which was Tk 58.46 earlier.
The BERC set the prices of LPG for the first time on Apr 12, 2021.