Dollar crisis in energy sector: Imminent fuel crisis due to stock depletion

Dollar crisis in energy sector: Imminent fuel crisis due to stock depletion

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BPC sources say that the available stock of jet fuel may last till January 1. However, two ships carrying jet fuel and diesel are expected to reach Chattogram port on Friday.

The process of unloading the goods from the ship to the depot may take two days, but officials believe that this will not create any crisis.

Fuel oil supplier PetroChina (Singapore) has a debt of $10.5 million, a responsible official of BPC told Prothom Alo on Thursday. After settling the $10 million, the company sent a new ship.

However, the release of oil from the ship was delayed due to dues. The $5 million payment was made on Wednesday and confirmation of the release of the oil was received on Thursday. Ships from another oil supplier, Unipec Singapore, are also en route. Both companies are Chinese.

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