The Bangladesh Energy Regulatory Commission (BERC) has raised the prices of privately marketed liquefied petroleum gas (LPG) for consumers, as well as autogas used in vehicles. For November, the price of a 12kg LPG cylinder has been set at Tk 2,060. The price of autogas has also been increased to Tk 91.95 per litre.

BERC announced the new prices in a notice issued on Monday night. The revised rates will come into effect from 8pm on the same day.

Last month, a 12kg LPG cylinder was priced at Tk 1,837. This means the price has increased by Tk 223 per cylinder in a month.

According to the notice, LPG prices have been adjusted following an increase in the Saudi Aramco Contract Price (Saudi CP) of propane and butane for November.

Under the revised rates set by BERC, privately marketed LPG will cost Tk 171.68 per kilogram. Accordingly, a 12kg cylinder will cost Tk 2,060.

According to the commission, the increase in Saudi CP alone accounts for an approximately Tk 74 rise, including VAT, in the price of a 12kg LPG cylinder compared with the previous month.