The Bangladesh Energy Regulatory Commission (BERC) has nearly doubled the price of gas used in fertilizer factories, raising it from Tk 16 to Tk 29.25 per cubic meter. The new rate will take effect on December 1. The decision follows a public hearing held on October 6, where Petrobangla and gas distribution companies had proposed increasing the price to Tk 40 per unit. BERC’s technical committee later recommended the revised rate. BERC Chairman Jalal Ahmed stated that the commission sought to maintain a balance between production costs, agricultural needs, and LNG import expenses. The price hike is expected to impact fertilizer production costs, potentially affecting the agriculture sector, which remains vital for food security and employment despite its declining share in GDP.