Staff Reporter :
The government moves to fix up the price of 12.5 kg Liquefied Petroleum Gas (LPG) around Tk 735 which must be written on the bottle surface.
Violation of this rule will be a punishable offence, the Energy Division official said.
The Energy Ministry committee, headed by Kazi Zebunnesa Begum told the media that the price of 12.5 kg of public sector LPG should not be sold above Tk 703 after meeting all the expenses while the same quantity of private sector LPG should not be more than Tk 732.
A move is underway to fix the LPG price at retail level and to make it mandatory to put price tag on LPG bottles by the marketing companies, sources said.
Once the system takes place, the sources said, every LPG-producing and marketing company will have to comply with the rule by mentioning the ‘maximum retail price’ (MRP) on the bottle surface.
The move was initiated by the Energy Ministry following a report of a high-level committee comprising representatives from private and public sectors that found the LPG being sold at exorbitant prices throughout the country.
At present12.5 kg LPG is sold even at Tk 1,400 in different places of the country where people are facing gas crisis or gas connection is not available, said the source.
Taking the existing expenses of LPG, the committee calculated the total price at Tk 703 for public sector companies and Tk 732.43 for private sector companies.
Now a good number of companies, including two from public sector, are operating in the LPG business in the country. The major private operators are Omera, Bashundhara, Total Gaz, Klean Heat, Jamuna, Bin Habib, Super Gas (TK Gas).
Contacted, Md Akramuzzaman, a deputy secretary of the Energy Ministry who is dealing with the matter, admitted of a move for fixing the LPG price.
He, however, said the government will convene a meeting of all stakeholders before introducing the ‘fixed price’ system and making mandatory the rule for putting price tag on the surface of LPG bottle.
The government moves to fix up the price of 12.5 kg Liquefied Petroleum Gas (LPG) around Tk 735 which must be written on the bottle surface.
Violation of this rule will be a punishable offence, the Energy Division official said.
The Energy Ministry committee, headed by Kazi Zebunnesa Begum told the media that the price of 12.5 kg of public sector LPG should not be sold above Tk 703 after meeting all the expenses while the same quantity of private sector LPG should not be more than Tk 732.
A move is underway to fix the LPG price at retail level and to make it mandatory to put price tag on LPG bottles by the marketing companies, sources said.
Once the system takes place, the sources said, every LPG-producing and marketing company will have to comply with the rule by mentioning the ‘maximum retail price’ (MRP) on the bottle surface.
The move was initiated by the Energy Ministry following a report of a high-level committee comprising representatives from private and public sectors that found the LPG being sold at exorbitant prices throughout the country.
At present12.5 kg LPG is sold even at Tk 1,400 in different places of the country where people are facing gas crisis or gas connection is not available, said the source.
Taking the existing expenses of LPG, the committee calculated the total price at Tk 703 for public sector companies and Tk 732.43 for private sector companies.
Now a good number of companies, including two from public sector, are operating in the LPG business in the country. The major private operators are Omera, Bashundhara, Total Gaz, Klean Heat, Jamuna, Bin Habib, Super Gas (TK Gas).
Contacted, Md Akramuzzaman, a deputy secretary of the Energy Ministry who is dealing with the matter, admitted of a move for fixing the LPG price.
He, however, said the government will convene a meeting of all stakeholders before introducing the ‘fixed price’ system and making mandatory the rule for putting price tag on the surface of LPG bottle.
