BPC to import 16.80 lakh tonnes fuel oils at Tk 12,850 crore
- Update Time : Wednesday, July 26, 2023
- 142 Time
Shawdesh desk:
Bangladesh Petroleum Corporation will import 16.80 lakh tonnes of fuel oil at Tk 12,850 crore which is equivalent to $1.1 billion.
A proposal of the state-owned BPC in this regard was approved by the cabinet committee on government purchase in a meeting on Wednesday.
Finance minister AHM Mustafa Kamal presided over the virtual meeting.
Sayed Mahbub Khan, an additional secretary of the cabinet division, told reporters that PTTT of Thailand, UNIPEC and PetroChina Company Limited of China, BSP of Indonesia, Emirates National Oil Company Group of the UAE and Petco Trading Labuan Company of Malaysia would supply the fuel oils.
BPC will market the imported fuel oils for the July-December period.
The proposed import of fuel oil is part of BPC’s annual requirement of about 38.6 lakh tonnes of refined fuel oil in 2023.
In January, the same cabinet committee had approved the BPC proposals to import about 21 lakh tonnes of refined petroleum fuel oil at a cost over Tk 18,760 crore.
