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New gas prices effective from today

  • Published at 08:39 am June 1st, 2017
  • Last updated at 03:53 pm June 1st, 2017
New gas prices effective from today
The new gas prices have come into effect from Thursday, a day after the Supreme Court stayed a High Court order that halted the government's decision for raising gas prices for all consumers for six months. Households will now have to pay Tk900 for single burners and Tk950 for double burners. Other sectors that use gas will also have to pay the increased prices, reports UNB. On February 23, the Bangladesh Energy Regulatory Commission (BERC) hiked gas prices by a weighted average of 22.7%. It then announced a decision to raise the prices twice this year – in March and in June – ignoring the BERC Act that prohibits it from doing so. From March, the monthly gas bill for single burners rose to Tk750 from Tk600 and double burners cost Tk800, up from Tk650. Before that, gas prices were last raised in September 2015. The High Court on February 28 slapped a six-month embargo on the government's planned second phase price hike. But the BERC moved the apex court against the order. Appellate Division Chamber Judge Justice Syed Mahmud Hossain stayed the High Court order on Tuesday. The court also sent the petition to the regular bench of Appellate Division for hearing on June 5.