Sunday, April 27, 2008

Bangladesh Doubles Natural Gas Prices

BANGLADESH: Bangladesh Thursday almost doubled the price of compressed natural gas (CNG) to 16.75 taka per cubic meter from 8.50 taka previously.

The Bangladeshi caretaker Government announced Thursday, “The new tariff rate will come into effect from Friday.”

The announcement said though the CNG tariff is raised, bus and truck operators will not be allowed to raise their transport fares. “The Ministry of Communications will contemplate increasing the rate of CNG-run auto-rickshaw and taxicabs’ passenger fares,” it said.

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