DHAKA: Officials at the state-run energy corporation Petrobangla anticipate that prices may have to be doubled once LNG import starts in late April or early May.
Petrobangla is proceeding to push up the price while Bangladesh Energy Regulatory Commission or BERC is following suit.
State Minister for Power, Energy and Mineral Resources Nasrul Hamid has also hinted at a possible rise.
“Prices for industrial and commercial gas supplies as well as power have to be revised after LNG import starts,” he said on Friday while speaking to a group of journalists.
He, however, did not make it clear whether prices of household gas will go up. “The BERC will make the final call after holding public hearings.”
Gas prices were revised up by an average of 22.70 percent in February last year with households hit with over a 50 percent monthly rise for stoves.
