<div><b><span style="font-size: 1rem;">The price of liquefied petroleum gas (LPG) has gone up to Tk 122.86 per kg for the month of February from Tk 119.40 in January, said BERC.</span><br></b></div><div><br></div><div>The latest hike in LPG price will put more pressure on customers as the retail consumers will have to pay an additional Tk 3.46 for per kg of LPG from 6 pm on Sunday, according to Bangladesh Energy Regulatory Commission (BERC).</div><div><br></div><div><div>The energy regulator announced the new price, saying that retail consumers will now have to play Tk 1474 (including VAT) for a 12 kg cylinder of LPG. The previous 12 kg LPG cylinder price was Tk 1433, up by Tk 41.</div><div><br></div></div><div>Prices of other LPG cylinders – from 5.5 kg to 45 kg – will go up rationally, said a BERC official at a press briefing at the BERC office in Dhaka.</div><div><br></div><div>As per the BERC decision, the price of “auto gas” (LPG used for motor vehicles) also increased to Tk 67.68 per litre (including VAT) from Tk 65.76 per litre.</div><div><br></div><div>The price of LPG, marketed by state-owned LP Gas Company, will remain the same as it is locally produced with a market share of less than 5 percent.</div><div><br></div><div>BERC officials said LPG price witnessed an increase in the local market due to increase in the prices of Saudi CP (contract price).</div><div><br></div><div>Bangladeshi LPG operators normally import their products from the Middle-eastern market on the basis of Saudi CP.</div><div><br></div><div>LPG witnessed the highest price at Tk 1,498 (per 12 kg cylinder) in the local market in February last year following the start of the Russia-Ukraine war in February 2022. - UNB</div><div><br></div><div>bnbd24/fas</div>