Bangladesh Energy Regulatory Commission Chairman Monowar Islam made the announcement on not hiking gas prices now at a news conference on Tuesday. “We will consider any proposal from the distributors to raise gas prices then,” he said. After the government moved to raise gas prices earlier this year, ruling MPs objected, arguing it will hurt the party’s popularity in the elections. The distributors had proposed raising gas prices by 73 percent to Tk 12.95 from Tk 7.39 per cubic metre for industrial use. The price is four times the rate for gas from the country’s reserves.

Source: bd News24 October 16, 2018 23:03 UTC