Bangladesh regulator hikes retail gas price citing cost of mixing LNG with local supply

摘要

The government of Bangladesh has hiked cost of domestic gas prices by an average of 32.8%, which has been attributed to the cost of importing LNG. The Bangladesh Energy Regulatory Commission (BERC), which is responsible for setting prices, said the price hike stemmed from the cost of LNG and mixing it with locally produced natural gas - prompting searing criticism from government opponents, businesses and energy experts.