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The Bangladesh Petroleum Corporation (BPC) will increase fuel supply from Monday, raising allocations of octane by 20 percent and diesel and petrol by 10 percent in an effort to ease pressure on the domestic market.
The decision aims to maintain steady supply at dealer and consumer levels amid shifting demand patterns, according to a directive issued by the corporation on Sunday, bdnews24.com reports.
“Considering current fuel demand, this decision has been taken to ensure uninterrupted supply at dealer and consumer levels,” the BPC said, instructing all subsidiaries to implement the revised distribution from Monday.
Under the new allocation plan issued by the distribution and monitoring wing, daily supply has been set at 13,048 tonnes of diesel, 1,422 tonnes of octane and 1,547 tonnes of petrol, with company-wise shares also defined.
The move comes at a time when the government has simultaneously raised retail fuel prices while attempting to prevent supply disruptions in the market.
Late Saturday, the government set new retail prices: diesel at Tk 115 per litre, octane at Tk 140, petrol at Tk 135 and kerosene at Tk 130, effective from Sunday.