<div><span style="font-size: 1rem;">The price of liquefied petroleum gas (LPG) has mount by Tk1 per kg from 6pm on Sunday.</span><br></div><div><br></div><div>From now, 12kg containers will be sold at Tk1,254 instead of Tk1,242, Bangladesh Energy Regulatory Commission (BERC) confirmed at a virtual briefing on Sunday.</div><div><br></div><div>The other quantity containers of LPG from 5kg-45kg will rationally be sold at per the new rates, said BERC Chairman Abdul Jalil.</div><div><br></div><div>As per the announcement, the price of autogas for motor vehicles has been increased to Tk58.46 per litre instead earlier Tk57.91 per litre.</div><div><br></div><div>Abdul Jalil said, though the price of LPG has come down on the international market, the price has increased locally due to the higher price of the US dollar.</div><div><br></div><div>Last month the dollar price was Tk85 while this month it was calculated at Tk93.50.</div><div><br></div><div>Jalil said the price of LPG, marketed by the state-owned LP Gas Company, will have no effect as it is locally produced with a market share of less than 5%.</div><div><br></div><div>The LPG price had gone up to the highest Tk1,439 (12kg) in the local market following the start of the Russia-Ukraine war in February this year.</div><div><br></div><div>The LPG price was lowest at Tk1,225 for 12kg in January this year and it witnessed a continuous hike in price in February, March and April.</div><div><br></div><div>Abdul Jalil said that globally the price of Saudi CP (contract price) has declined.</div><div><br></div><div>Bangladeshi private LPG operators mainly import the gas from the Middle East market based on Saudi CP.</div><div><br></div><div>The BERC, for the first time, fixed the retail-level LPG prices on April 12 after holding a public hearing to comply with a High Court order. -UNB</div><div><br></div><div>bnbd24/TR</div>