The prices of diesel, petrol, octane, and kerosene have been increased. The new prices have been set at Tk 115 per liter for diesel, Tk 140 for octane, Tk 135 for petrol, and Tk 130 for kerosene. The revised prices will come into effect from Sunday. The announcement was made on Saturday by the Energy and Mineral Resources Division under the Ministry of Power, Energy and Mineral Resources. Diesel has... »
The country’s only state-owned oil refinery, Eastern Refinery PLC Limited (ERL), has suspended its refining operations due to a shortage of crude oil. According to officials concerned, operations were halted on Sunday afternoon after the last round of production. Sources at the Bangladesh Petroleum Corporation (BPC) said that the last shipment of crude oil arrived in the country on February 18. No crude oil has been imported for 54 consecutive... »
The price of furnace oil has been increased from Tk 70.10 to Tk 94.69 per liter, marking a rise of Tk 24.59 per liter. The Bangladesh Energy Regulatory Commission (BERC) set the new price on Sunday. Furnace oil is commonly used in power generation, and this increase is expected to raise the cost of electricity production. At the same time, there are concerns that expenses in the industrial sector and... »
The price of jet fuel for both international and domestic flights has been increased again. This marks the second price hike within a span of two weeks, following a previous increase on March 24. For domestic flights, the price of jet fuel has been set at BDT 227.80 per liter. On Tuesday, the Bangladesh Energy Regulatory Commission (BERC) announced the new prices. According to the latest adjustment, the price of... »
The prices of diesel, kerosene, octane, and petrol will not be increased for the month of April. The rates have been kept unchanged from those of March. The Energy and Mineral Resources Division announced this decision, stating that the consumer-level prices for these four fuel types have been set in accordance with the automatic fuel pricing guideline. According to the notification, the prices will remain the same as in March:... »
Minister for Power, Energy and Mineral Resources, Iqbal Hasan Mahmud, has delivered a statement in the Jatiya Sangsad regarding the country’s fuel stock and supply situation. In his statement on Monday, the minister said that the tendency to hoard fuel has now become a bigger problem than any actual shortage in the market. He noted that global instability, particularly tensions in the Middle East and Gulf region, could affect Bangladesh’s... »
The Energy and Mineral Resources Division has taken an initiative to introduce a “Fuel Pass” system to bring better control to the fuel supply chain. Under this QR code-based digital system, specific vehicles will be allowed to receive a fixed amount of fuel within a designated timeframe. This information was shared during a briefing held at the Secretariat on Monday. Speaking at the briefing, Joint Secretary and spokesperson of the... »
The Bangladesh Petroleum Corporation (BPC) has announced a reward of up to Tk 100,000 for providing information about illegal stockpiling and smuggling of fuel oil. This information was disclosed on Monday by the Energy and Mineral Resources Division under the Ministry of Power, Energy and Mineral Resources. According to the division, BPC has decided to award up to Tk 100,000 to individuals who assist by providing accurate information to local... »
Border Guard Bangladesh (BGB) has been deployed at fuel depots across 19 districts in the country. Since the morning of March 25, BGB personnel have been stationed at a total of 19 depots in 9 districts: 1 in Dhaka, 2 in Kurigram, 3 in Rangpur, 3 in Rajshahi, 2 in Sylhet, 3 in Moulvibazar, 3 in Cumilla, 1 in Brahmanbaria, and 1 in Sunamganj. The information was disclosed in a... »
A decision has been made to assign one government official to each petrol pump across the country in order to strengthen monitoring and coordination in the fuel supply system. This information was disclosed in a press release issued by the Ministry of Power, Energy and Mineral Resources on Saturday. The decision was taken at an online meeting held on Friday, chaired by Mohammad Saiful Islam, Secretary of the Energy and... »