State-owned LP Gas Limited has proposed raising the price of a 12.5kg liquefied petroleum gas (LPG) cylinder from Tk 776 to Tk 1,235.
The company, which operates under the Bangladesh Petroleum Corporation (BPC), has sent the proposal to the Bangladesh Energy Regulatory Commission (BERC) for approval, according to company sources.
Officials said the price of a 12.5kg LPG cylinder had been fixed at Tk 825 under government instructions. After a reduction in value-added tax (VAT) last month, the price fell to Tk 776.
However, before the VAT cut, BPC had prepared a proposal to raise the price and later forwarded it to BERC through LP Gas Limited. The regulator has not yet taken any decision on the matter.
Speaking to reporters on Monday afternoon, Managing Director of LP Gas Limited, Md Yusuf Hossain Bhuiyan, confirmed the development.
“There was a proposal to increase the price from BPC. We have sent that proposal to BERC. This happened last month,” he said.
This is not the first time the company has sought to revise the price of government-supplied LPG cylinders. On September 15, 2025, LP Gas Limited proposed increasing the price of a 12.5kg cylinder from Tk 825 to Tk 925.
At that time, the company argued that the adjustment was necessary to prevent cross-filling and to meet rising local transportation costs, operational expenses and dealer-level charges. However, BERC rejected the proposal.
When contacted on Monday afternoon, a BERC official said there was currently no plan to increase the price.
According to industry insiders, government-supplied LPG accounts for only a small portion of the country’s market. Nearly 98 per cent of the LPG used nationwide is supplied by private companies, while only about two per cent is bottled by the government.
As a result, experts say any increase or decrease in the price of government-supplied LPG usually has little impact on the overall market.