Govt to procure refined fuel oil worth Tk 100.07b

The government on Wednesday approved a proposal for procuring refined fuel oil from state-owned enterprises of various countries under government-to-government (G2G) system for the second half (July-December period) of 2025 at a cost of around Tk 100.07 billion as per the premium and reference price.

The approvals came from the 24th meeting of the Advisers Council Committee on Government Purchase (ACCGP) held at Bangladesh Secretariat with Finance Adviser Dr Salehuddin Ahmed in the chair, according to a BSS reports.

Following a proposal from the Energy and Mineral Resources Division, refined fuel oil would be procured from PTTT, Thailand; ENOC, the United Arab Emirates; PetroChina Co Ltd (PetroChina), China; BSP, Indonesia; PTLCL, Malaysia; UNIPEC, China and IOCL, India.

In response to another proposal from the Energy and Mineral Resource Division, some 25,000 metric tons of Gasoline 95 Unleaded Octane would be procured from PT Bumi Siak Pusako Zapin (BSP), Indonesia with around Taka 208.63 crore.