Monsoon rains and a supply shortage have caused private dealerships to hike the price of Liquefied Petroleum Gas (LPG) by up to Tk150 per 12.5 kg cylinder in the last month alone. The mismatch between supply and demand, along with the rainy season, have combined to create upward pressure on prices, those involved in the business said. They sell the cylinders at different rates to consumers,” A general manager of private LPG Company told the Dhaka tribune, seeking anonymity. Aside from its own initiatives, the government has made the process of establishing privately-owned LPG bottling plants easier to increase the supply of LPG. Under the latest gas price hike which became effective from June 1, a domestic user must pay a monthly gas tariff of Tk900 for a single-burner stove and Tk950 for a double-burner stove.

Source: Dhaka Tribune July 12, 2017 18:33 UTC