State minister for power, energy and mineral resources Nasrul Hamid on Sunday said price of Liquefied Petroleum Gas (LPG) might be reduced immediately as the government had taken measures to ensure gas supply for all at a reasonable price
‘We have undertaken initiatives to ensure energy supply to all at an affordable cost,’ he told while inaugurating the South Asia LPG Summit 2019 as the chief guest here in the city.
The state minister said the government had undertaken an initiative to strengthen the state-run LP Gas Limited in order to neutralise monopoly business of the private sector. Middle and lower middle class people were using LPG, so LPG price would have to be brought down, he added.
He said the use of LP gas in recent years increased and the government gave permission to 60 companies for importing of LPG initially.
Referring to cylinder explosions in the country, he said blasts have been occurred due to lack of awareness.
A total of 80 companies and organisations, including 18 from host Bangladesh, participated at the summit.
BPC chairmen M Shamsur Rahman, director general of Fire Service and Civil Defence brigadier general Ali Ahmed Khan, president of LPG Operates Association of Bangladeshi Azam J Chowdhury, president of Federation of Bangladesh Chambers of Commerce and Industries M Shafiul Islam Mohiuddin and deputy managing director of World LGP Association Michael Kelly were present.
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