The government yesterday increased the price of 12kg of liquefied petroleum gas (LPG) to Tk 1,940, its second hike this month, with consumers fearing that the retail price in reality could climb even higher.

Bangladesh’s liquefied petroleum gas (LPG) sector has grown rapidly, yet lacks the storage capacity to buffer itself against global market shocks, according to the president of the LPG Operators Association of Bangladesh (LOAB).

Stricter banking rules following the political changeover limit major importers, opening opportunities for smaller firms to expand quickly

The minister discussed the prevailing situation with LPG importers and suppliers

An acute shortage of liquefied petroleum gas (LPG) has forced nearly all autogas stations across the country to shut down operations, said Serajul Mawla, president of the Bangladesh CNG Filling Station and Conversion Workshop Owners Association, yesterday.

Bangladesh Energy Regulatory Commission (BERC) has cut down the price of private operators’ liquefied petroleum gas (LPG) cylinders by Tk 35 to Tk 1,200 per 12 kg.

Global off-grid energy distributor SHV Energy is set to enter Bangladesh’s growing market for liquefied petroleum gas (LPG) by acquiring local bottler and marketer Petromax LPG.

Two Bangladeshi companies are set to export liquefied petroleum gas (LPG) to the landlocked northeastern states of India. Omera Petroleum and Beximco LPG will export LPG to state-owned Indian Oil Corporation (IOC), which will bottle and sell to consumers.

The government has made a move to amend the four-stroke three-wheeler service guideline to allow the vehicles to use any gas.

It is now generally agreed by all major stakeholders that gas reserves in the country are finite and depleting.