Dhaka, May 4 -- The government has reduced the price of 12kg liquefied petroleum gas (LPG) cylinders by Tk 19 for each unit for May.

Each 12kg cylinder will now cost Tk 1,431, effective from 6pm, the Bangladesh Energy Regulatory Commission (BERC) said on Sunday.

Bangladesh imports propane and butane, the main components of LPG, from abroad. BERC adjusts the price of LPG in the domestic market based on the cargo price of Saudi Arabia's state-owned company Aramco.

Aramco set the average price of propane and butane at $597 per ton, BERC said.

The retail price of LPG per kg has been fixed at Tk 119.24, which was Tk 120.80 in the previous month.

Accordingly, a 5.5kg cylinder of LPG has been fixed at Tk 656, 15kg at Tk 1789, 20kg at Tk 238...