During the same period, 1.51 million tonnes of crude oil was imported at a cost of about 105.03 billion taka, mainly from Saudi Arabia and the United Arab Emirates. Some fuel is also produced by processing condensate obtained from local gas fields. Overall, the Eastern Refinery produced about 1.496 million tonnes of petroleum products in […]
Diesel supply continues under this agreement. Jaiswal said Bangladesh’s request for additional diesel would be considered based on refinery capacity and India’s internal needs. Yesterday, Indian High Commissioner to Bangladesh Prannoy Verma met Bangladesh Minister of Power, Energy and Mineral Resources Nasrul Hamid at the Secretariat. After the meeting, representatives of both countries told the […]
In line with the instructions of Energy and Mineral Resources Division and BPC, marketing companies will keep their main establishments open and continue regular fuel delivery. The statement said that fuel is being imported regularly from abroad as per the plan. Imported fuel is transported by rail wagons and tankers from main installations to depots […]
Additionally, India’s central corporation, Indian Oil Corporation Limited (IOCL), began supplying oil to BPC in 2020. 105,000 tonnes of oil is expected to be supplied between January and June this year, which includes 20,000 tonnes of diesel, 50,000 tonnes of furnace oil, 25,000 tonnes of octane and 10,000 tonnes of jet fuel. IOCL supplies this […]
Bangladesh once imported almost all its diesel from the Middle East. Most shipments arrived by sea, mainly from Kuwait. However, the sources of imports have changed significantly over the past two decades. Several Southeast Asian countries have now emerged as major suppliers, while a notable amount also comes from India. Import data from the National […]
Amid the war between Iran and Israel, including the United States, oil and gas production and supplies are being disrupted. The result was that the price of crude oil in the global market has exceeded $ 100 per barrel. However, researchers at private research organization Center for Policy Dialogue (CPD) said the government still has […]
Anindya said, “The present government is an elected government and we have a responsibility towards the people. In that spirit of responsibility, we have been working to reduce the suffering of the people or at least keep it at a tolerable level since the very first day of assuming power.” He said, “We have repeatedly […]
Under BPC directive, cars can purchase up to 10 liters of fuel per day. Sports utility vehicles (SUVs), commonly known as jeeps, and microbuses can achieve between 20 and 25 liters per day. Meanwhile, pick-up trucks and local buses can buy 70 to 80 liters of diesel per day. Long distance buses, trucks, covered vans […]
Truck drivers claimed that even though half the day is spent collecting fuel, they still do not get all they need. The influx of vehicles due to the crisis has created additional pressure on both the depots and the fuel stations in the city. Meghna Petroleum Corporation, based in Godnel, Siddhirganj, supplied 5,000 liters of […]
Today on Monday, long queues were seen at various filling stations in the capital to buy fuel. Some filling stations have stopped selling fuel. Even at stations where fuel sales are closed, drivers of motorcycles, private cars and other vehicles stand in long lines in the hope of buying diesel, petrol and octane. Drivers say […]
On Monday, WTI rose 31.4 percent to a session high of US$119.48 a barrel, while Brent rose 29 percent to US$119.50 a barrel. ​Before Monday’s surge, Brent was up 27 percent and WTI was up 35.6 percent last week. “Unless oil flows from the Strait of Hormuz resume soon and regional tensions ease, prices will […]