The Bangladesh Energy Regulatory Commission (BERC) has assured that any decision regarding gas price adjustments will only be made after considering the views of all stakeholders, with a primary focus on consumer interests.
BERC Chairman Md. Jalal Ahmed emphasised the commission’s independence and stated that both the government’s financial position and consumer rights will be thoroughly evaluated before any tariff changes are finalised.
During a workshop with members of the Forum for Energy Reporters Bangladesh (FERB) on Tuesday, Chairman Ahmed explained that while Petrobangla and gas distribution companies may propose price hikes, the final decision will be made following a comprehensive evaluation of all factors.
The workshop, held at the BERC office from 11 AM to 1 PM, focused on the commission’s tariff determination process.
BERC members present at the event included Md. Abdur Razzaque (Admin, Finance & Law), Md. Mizanur Rahman (Gas), Dr. Syeda Sultana Razia (Petroleum), and Brig. Gen. (Retd.) Md. Shahid Sarwar (Power). The session also featured presentations by BERC’s Petroleum Director Dr. Md. Didarul Alam and Deputy Director (Tariff) Kamruzzaman.
When asked about the management of the Gas Development Fund, the chairman clarified that the fund was originally created to protect consumers and support gas sector development, including exploration.
However, control of the fund was later transferred to the ministry, which used it for various projects outside the gas sector.
He stated that the decision to return control of the fund to BERC is a matter for the government to decide.
On concerns that Petrobangla’s gas pricing proposals might create disparities for new industrial investors and discourage investment, the chairman acknowledged the issue.
However, he assured that BERC would thoroughly review the proposals before making any decisions.
Regarding BERC’s independence, Chairman Ahmed noted that the commission’s autonomy depends largely on how policymakers perceive its role.
While BERC aims to operate independently, decisions on gas and electricity pricing require discussions with the government, given the significant role of subsidies.
For instance, while the cost of electricity production is Tk 12 per unit, it is sold at Tk 8. Similarly, the actual supply cost of imported LNG is Tk 75 per cubic meter, yet the average gas price is Tk 22 per cubic meter. These subsidy decisions have a direct impact on tariff adjustments.
The chairman also acknowledged that BERC is continuing its efforts to strengthen its regulatory capabilities and enhance the commission’s overall capacity. FERB Chairman Md. Shamim Jahangir, along with Executive Director Sherajul Islam and other members, attended the workshop.
