UNB, Dhaka :
The Cabinet on Monday approved the draft of the ‘Petroleum Bill, 2015’ subject to the vetting of the Law Ministry to regulate import, storage and transportation of petroleum more efficiently through making the existing law a time-befitting one.
The approval came from the regular weekly meeting of the Cabinet held at Bangladesh Secretariat with Prime Minister Sheikh Hasina in the chair.
Briefing reporters after the meeting, Cabinet Secretary M Musharraf Hossain Bhuiyan said the Energy and Mineral Resources Division placed the draft Bill in Bangla in line with the earlier Cabinet
decision after necessary review and updating the Petroleum Act, 1934 and the Petroleum Amendment Ordinance, 1986.
He said, the proposed law kept a provision of raising punishment for violating the rules under the law, including petroleum production, refining, mixing, recycling or reusing.
The Cabinet Secretary said in case of not denial in providing information by the authorities concerned about any accident under the Section 24 (1. Cha) of the draft law, the punishment has been raised to six months’ jail or Tk 10,000 fine or both.
If the offence is repeated, he said the punishment will double to one year jail or Tk 20,000 fine or both. M Musharraf Hossain Bhuiyan said a provision has been created under the rules of the proposed law to regulate the issues relating to petroleum import, storage and movement.
He said, rules would also have to be followed under the law on petroleum production, mixing, refining, recycling and reuse.
Besides, he said, the caution sign or note will have to be displayed on petroleum containers, while the authorized officers have been empowered to collect petroleum specimen, issue monitoring certificates.
The Cabinet on Monday approved the draft of the ‘Petroleum Bill, 2015’ subject to the vetting of the Law Ministry to regulate import, storage and transportation of petroleum more efficiently through making the existing law a time-befitting one.
The approval came from the regular weekly meeting of the Cabinet held at Bangladesh Secretariat with Prime Minister Sheikh Hasina in the chair.
Briefing reporters after the meeting, Cabinet Secretary M Musharraf Hossain Bhuiyan said the Energy and Mineral Resources Division placed the draft Bill in Bangla in line with the earlier Cabinet
decision after necessary review and updating the Petroleum Act, 1934 and the Petroleum Amendment Ordinance, 1986.
He said, the proposed law kept a provision of raising punishment for violating the rules under the law, including petroleum production, refining, mixing, recycling or reusing.
The Cabinet Secretary said in case of not denial in providing information by the authorities concerned about any accident under the Section 24 (1. Cha) of the draft law, the punishment has been raised to six months’ jail or Tk 10,000 fine or both.
If the offence is repeated, he said the punishment will double to one year jail or Tk 20,000 fine or both. M Musharraf Hossain Bhuiyan said a provision has been created under the rules of the proposed law to regulate the issues relating to petroleum import, storage and movement.
He said, rules would also have to be followed under the law on petroleum production, mixing, refining, recycling and reuse.
Besides, he said, the caution sign or note will have to be displayed on petroleum containers, while the authorized officers have been empowered to collect petroleum specimen, issue monitoring certificates.
