Says CAB at public hearing The price of liquefied petroleum gas (LPG) in Bangladesh is higher than the price in India, so the operators’ demand for a higher price does not hold water, said the Consumers’ Association of Bangladesh (CAB) yesterday. Earlier in April, the Bangladesh Energy Regulatory Commission (BERC) had for the first time ... Read more
liquefied petroleum gas
Govt’s LP gas for cheats
Racketeers eat up Tk 50cr subsidy, pocket up to Tk 160cr a year by spiking prices At a time when consumers are grappling with soaring prices of liquefied petroleum gas, unscrupulous traders with the help of some government officials are making crores of taka by selling subsidised LP gas at more than twice the government-fixed ... Read more
Consumers not getting price benefits of govt LPG supply
The consumers of Liquefied Petroleum Gas are not getting the benefit of government announced lower price as dealers are still supplying LPG at double the price at which they are supposed to sell the kitchen fuel. In the absence of market monitoring, 12,000 dealers of government provided LPG are cashing more than Tk 100 crore ... Read more
LPG dealers fleece people as no regulation exists
Importers and dealers of liquefied petroleum gas in the country are charging the consumers extortionately high prices, cashing in on the absence of any market monitoring and control instituted by the government. The retail price of LPG has soared up to 25 per cent over the past eight months, although its global price has been ... Read more
Rush to set up LPG plants
Surging demand for liquefied petroleum gas (LPG) from the fast-expanding housing sector is forcing entrepreneurs to quickly install plants and grab a share of the growing market. About a dozen companies are in line to join the existing six, which include two state-owned firms. But some 30 companies have applied to the government, seeking permission ... Read more