[ad_1]
The Bangladesh Vitality Regulatory Fee yesterday raised the value of liquefied petroleum fuel (LPG) per 12kg cylinder by Tk151, linking the hike primarily to a disaster within the world power market, triggered by the continued Russia-Ukraine warfare.
Within the span of a 12 months, the value of LPG, provided by personal operators, has shot up by Tk450 because the regulatory physique has mounted the brand new price for the present month at Tk1,391, whereas it was Tk1,240 per cylinder in February.
Costs of LPG elevated by Tk12.5 per kg to Tk115.92 from Tk103.34.
The costs of LPG cylinders of different sizes can even enhance on the identical price, Abdul Jalil, chairman on the BERC, stated at a digital press briefing on Thursday.
In the meantime, the value of autogas or LPG used for motor automobiles elevated from Tk 57.81 to Tk64.78 per litre. The worth of centrally-controlled reticulated LPG rose from Tk100.1 to Tk112.65 per kg.
Abdul Jalil stated the LPG worth went up consistent with an increase in Saudi contract worth of propane and butane from $775 per tonne on a mean to $911 per tonne.
Bangladesh’s personal LPG operators purchase the majority LPG primarily based on the Saudi contract worth, he advised reporters on the digital briefing.
Nonetheless, the government-owned LPG cylinders worth stays unchanged due no change in uncooked materials costs.
Different members of the BERC have been additionally current on the occasion.
The BERC mounted the retail LPG worth for the primary time on 12 April 2021 after holding a public listening to to adjust to a Excessive Court docket order. Since then, they’ve been updating the value each month.
[ad_2]
Source link