1.42m tonnes of fuel to be imported in 6 months under G-to-G deals

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UNB, Dhaka :
Bangladesh will import around 1.42 million tonnes of petroleum from eight state-owned companies of different countries under the government-to-government (G-to-G) arrangements in the first half of the current year.
According to sources at the Energy and Mineral Resources Division under the Power, Energy and Mineral Resources Ministry, the government will require to spend about US$806.769 million, equivalent to Tk 6772.87 crore, to procure this bulk refined petroleum from January to June this year.
They said the Energy and Mineral Resources Division and state-owned Bangladesh PetroleumCorporation (BPC) will import the bulk petroleum. Of the total fuel, the BPC will buy 1.19 million tonnes of gasoil (diesel) while 1 lakh tonnes of Jet A-1,30,000 tonnes of petrol ((mogas) and 1 lakh tonnes of furnace oil.
The Cabinet Committee on Public Purchase last week approved a proposal of the division allowing the corporation to import the bulk fuel.
The committee also approved the premium of the fuel import proposals which are $2.95 per barrel for diesel, $3.95 per barrel for Jet A-1, $5.50 per barrel for petrol and $29.75 per tonne for furnace oil.
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