The Bangladesh Energy Regulatory Commission (BERC) has reduced the price of Liquefied Petroleum Gas (LPG) by Tk 40 for a 12-kg cylinder at the retailer level.The newly fixed price of LPG is Taka 1,442, which was Taka 1,482. It will effect from Wednesday evening.The BERC announced the new price at a press conference on Wednesday.  Earlier in March, the BERC set the price of a 12 kg cylinder of liquefied petroleum gas (LPG) at Tk1482, up by Tk8 from the previous price.