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Further hike in gas price will come as a big blow to masses: speakers

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Speakers at a webinar on Saturday said that if gas prices are raised again for the household consumers in the current situation, it will come as a big blow to the masses amid the price hike of essentials.

“Really, the people are in a grim situation… the queues for TCB products are increasing day by day,” said eminent energy expert Dr M Tamim while addressing the online seminar titled: “Would It Be Rational to Increase Gas Price Now?”

The remarks from the energy experts came against the backdrop that the Bangladesh Energy Regulatory Commission (BERC) is going to hold a public hearing on March 21, on the appeals of the state-owned gas distribution companies to raise the tariff by 117 percent at the retail level for household consumers.

Speakers at a webinar on Saturday said that if gas prices are raised again for the household consumers in the current situation, it will come as a big blow to the masses amid the price hike of essentials.

“Really, the people are in a grim situation… the queues for TCB products are increasing day by day,” said eminent energy expert Dr M Tamim while addressing the online seminar titled: “Would It Be Rational to Increase Gas Price Now?”

The remarks from the energy experts came against the backdrop that the Bangladesh Energy Regulatory Commission (BERC) is going to hold a public hearing on March 21, on the appeals of the state-owned gas distribution companies to raise the tariff by 117 percent at the retail level for household consumers.

He said this time the BERC technical team was asked to independently analyze the appeals of the gas distribution companies and make their observation.

He said the people are experiencing a huge inflation due to price escalation and injection of money from the stimulus packages.

Source: United News of Bangladesh