The Bangladesh Energy Regulatory Commission (BERC) has announced a reduction in jet fuel prices by Tk 39.57 per liter, effective from Saturday midnight. Under the new rate, domestic flight operators will pay Tk 165.88 per liter, down from Tk 205.45. The commission disclosed the decision in a notice issued on Saturday.

Earlier, on May 7, the price of jet fuel was reduced by Tk 22.35 per liter, following a Tk 25 increase on April 7 and a Tk 90 hike on March 24. The latest adjustment also affects international flights, with the price per liter lowered from USD 1.33 to USD 1.08.

BERC officials stated that the new rates were determined after a hearing that considered the average international market price between May 5 and May 21, the exchange rate of the US dollar for Bangladesh Petroleum Corporation’s LC settlements, and the prevailing diesel price.