The price of LPG cylinder should come down below Tk 1,000: Adviser

Power, Energy and Mineral Resources, Road Transport and Bridges and Railways Adviser Muhammad Fouzul Kabir Khan has said that it is very important to control LPG prices to fight against the country’s short-term energy crisis.

”The current price of a 12kg LPG cylinder is around Tk 1,200, but it should come down below Tk 1,000. LPG is largely under the private sector, but we are not getting the efficiency we should from it.”

Reducing LPG prices would also help increase its use in industries and power generation.

”Using LPG in factories and power generation is another major challenge. Akij Group has said they use it but cannot increase usage because of high prices. That’s why reducing prices is a key challenge, and everyone must work on it.”

Calling for accountability in the energy business, he said, ”Those of us in charge must take responsibility. This kind of irresponsible business cannot continue where no one is held accountable. As I said earlier, LPG prices should be brought down below Tk 1,000.”