<div style="text-align: justify; "><span style="font-size: 1rem;"><b>The Bangladesh Energy Regulatory Commission (BERC) on Thursday lowered the price of liquefied petroleum gas (LPG) by Tk 4.1 per kg, setting the new rate at Tk 116.08 per kg, down from previous Tk 120.18.</b></span><br></div><div style="text-align: justify;"><br></div><div style="text-align: justify;">This new price will be effective from 6 pm today.</div><div style="text-align: justify;"><br></div><div style="text-align: justify; ">BERC at a press briefing said that the price for a standard 12kg LPG cylinder will now be Tk 1,393 down by Tk 49 from the previous price of Tk 1442.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">This adjustment follows a rational scale across various LPG cylinder sizes, ranging from 5.5kg to 45kg, addressing the need for a proportional price revision across different consumer segments.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">Furthermore, the price for "auto gas", the LPG variant used in motor vehicles, has also seen a lower rate at Tk 63.92 instead of the previous price of Tk 66.21 per litre.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">LPG prices marketed by the state-owned LP Gas Company will remain unchanged. This exception is attributed to its local production and the company's minimal market share, which is less than five percent, reports UNB</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">On the other hand, The decision to adjust LPG prices comes in the wake of declining costs in the international market, specifically tied to the increase in the Saudi CP (contract price), which serves as a benchmark for local operators importing LPG primarily from the Middle East.</div><div style="text-align: justify;"><br></div><div style="text-align: justify; ">bnbd/fas</div>