Jalalabad Gas needs price hike: BERC

A  technical committee of the Bangladesh Energy Regulatory Commission on Thursday said that the Jalalabad Gas Transmission and Distribution Company would need an average hike in gas prices by 4.98 per cent for the company to run operations at break even. The committee made the recommendations considering Tk 25 as product value of 1,000 cubic feet of gas, of the money the government would get 55 per cent and the company will get the rest. The committee placed a report in this regard in a public hearing presided over by BERC chairman AR Khan on the proposal of the gas utility to raise the average prices by 40 per cent.

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