Energy regulator to announce new gas price for consumers on Sunday


FE ONLINE DESK | Published: June 04, 2022 19:51:10 | Updated: June 05, 2022 09:20:04


Energy regulator to announce new gas price for consumers on Sunday

Bangladesh Energy Regulatory Commission (BERC) is going to announce a new price of natural gas at the consumer level on Sunday.

BERC chairman Abdul Jalil is expected to hold a virtual press conference on Sunday afternoon in this regard, reports UNB.

On January 25, gas distribution companies submitted their proposals to the energy regulator, seeking a 117-per cent hike in gas price at the retail level.

Besides, Bangladesh Oil, Gas, and Mineral Corporation (Petrobangla) also placed its proposal to raise the price of natural gas at the bulk level.

Earlier on March 21-23, the BERC held a four-day public hearing at the city’s BIAM auditorium where state-run Petrobangla’s proposal to hike retail gas prices faced opposition from consumers, citizens, businesses and professionals.

The consumer rights groups said that any rise in gas price will be totally illogical and unfair at this moment when the people are struggling amid price hikes of essentials resulting from the Covid-19 pandemic shock.

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