On a G2G basis, 1.4 million tons of refined fuel oil are imported from seven different countries. From January to June of this year, Bangladesh will import almost 1.4 million tons of refined fuel oil from eight companies in seven nations. The oil will be imported from India, China, Indonesia, Malaysia, Thailand, the UAE, and Oman.
On a G2G basis, 1.4 million:Â The entire cost of importing fuel oil from these countries will be around 960 million USD, which is equivalent to 11,479 crore Bangladeshi Taka.
According to meeting sources, this request from the Energy and Mineral Resources Division was authorized by the Government Procurement Advisory Committee, which met in the Secretariat yesterday and was chaired by Finance Advisor Salehuddin Ahmed.
According to sources, refined fuel oil will be imported on a government-to-government basis. During the October 24 meeting of the Advisory Committee on Economic Affairs, the Bangladesh Petroleum Corporation (BPC) received policy clearance to import this oil.
Two of the eight enterprises from seven countries come from China. The remaining six companies come from six different countries. The Chinese corporations are PetroChina and UNIPEC. The other firms are IOCL from India, BSP from Indonesia, PTLSCL from Malaysia, PTTT from Thailand, OQ Trading from Oman, and UNOC from the UAE.
According to the Energy and Mineral Resources Division, the refined fuel oil that will be imported includes 880,000 tons of gas oil, 190,000 tons of Jet A-1, 75,000 tons of Mogas, 250,000 tons of furnace oil, and 30,000 tons of marine fuel.
