No diesel crisis in country: BPC
Skip to main content
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Splash
  • Features
  • Videos
  • Long Read
  • Games
  • Epaper
  • More
    • COVID-19
    • Bangladesh
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Subscribe
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
The Business Standard
WEDNESDAY, MAY 18, 2022
WEDNESDAY, MAY 18, 2022
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Splash
  • Features
  • Videos
  • Long Read
  • Games
  • Epaper
  • More
    • COVID-19
    • Bangladesh
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Subscribe
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
No diesel crisis in country: BPC

Energy

TBS Report
29 January, 2020, 08:35 pm
Last modified: 29 January, 2020, 08:38 pm

Related News

  • BPC will sell cheap bulk LPG to private companies due to low bottling capacity
  • 'If the govt can control 25% of the market, the influence of big importers will be reduced' 
  • CCS demands traders who stockpile edible oils be brought to justice
  • Wealth mysteriously lost during war and crisis
  • Irrigation water crisis in Barind region

No diesel crisis in country: BPC

BPC has fuel stock for as many as 13 days and it will increase with regular import. In February, the corporation will import 5.20 lakh tonne of diesel in 16 vessels

TBS Report
29 January, 2020, 08:35 pm
Last modified: 29 January, 2020, 08:38 pm
No diesel crisis in country: BPC

The country has sufficient stock of diesel fuel to meet the demands of the ongoing irrigation season, said Md Shamsur Rahman, chairman of Bangladesh Petroleum Corporation (BPC). 

He made the statement at a press conference on Wednesday at his office in the capital following media reports highlighting diesel shortage across the country. 

Shamsur Rahman said, "BPC has oil stock for as many as 13 days and it will increase with regular import. In February, the corporation will import 5.20 lakh tonne of diesel in 16 vessels." 

As per the National Energy Policy-2004, the BPC is supposed to stock fuel oil for 60 days though. 

Besides, another large vessel with a load of 1.30 lakh tonne oil will be on standby for 40 days in the deep-sea near Kutubdia Island, said the BPC chief. 

Earlier, there were allegations against state-owned three oil distributing companies that they were not providing oil to the Pac point dealer in Dinajpur, Rajshahi, Jamalpur, Tangail, Barishal and Patuakhali districts.   

And some depots were charging additional Tk4000-5000 on each truck from the dealers. 

The BPC chairman said, "During last year's irrigation season, the distributing company used to sell 14,000 tonnes of diesel in a single day. But from January 2-26, in eleven days, the average sale was 25,000 tonne per day."

"We've seen some minor shortage because of this high demand but it is not that severe," Shamsur said.   

He also said that the BPC has asked local administrations to find out who are demanding additional charges from the dealers, and who are behind spreading rumour of diesel shortage.  

In 2018, a total of 43 lakh tonnes of diesels fueled the irrigation pumps across the country. And this year, BPC assumes that the demand could increase to 46 lakh tonnes.  

Under three distributing and marketing companies, BPC has 24 oil storage depots across the country. 

After importing fuels from the Middle East, BPC transports them in these depots through small lightering tankers and oil bullet tankers, especially in the northern part of the country.   

But it takes three-four days to deliver the fuel from Chattogram to Baghabari of Rajshahi due to substandard road-transport system. 

Bangladesh / Top News

Diesel / crisis / BPC

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Social safety budget to stay same despite inflation rise
    Social safety budget to stay same despite inflation rise
  • RMG makers worried over move on power tariff hike
    RMG makers worried over move on power tariff hike
  • A packet of US five-dollar bills is inspected at the Bureau of Engraving and Printing in Washington March 26, 2015. REUTERS/Gary Cameron
    Dollar hits Tk100 mark in open market

MOST VIEWED

  • BPC will sell cheap bulk LPG to private companies due to low bottling capacity
    BPC will sell cheap bulk LPG to private companies due to low bottling capacity
  • Photo: UNB
    Equipment import delay threatens Barapukuria coal production
  • IDCOL invests $2b in 25 years
    IDCOL invests $2b in 25 years
  • Representational image of power plant.
    Construction of ongoing coal, LNG-based power plants must be suspended: TIB 
  • A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai, India, May 21, 2018. REUTERS/Francis Mascarenhas/File Photo
    Enough petrol in reserve, no chance of crisis: EMRD
  • Representational Image. Photo: Collected
    Bangladesh has adequate fuel oil reserve: Energy Division

Related News

  • BPC will sell cheap bulk LPG to private companies due to low bottling capacity
  • 'If the govt can control 25% of the market, the influence of big importers will be reduced' 
  • CCS demands traders who stockpile edible oils be brought to justice
  • Wealth mysteriously lost during war and crisis
  • Irrigation water crisis in Barind region

Features

Despite Bangladesh having about 24,000 km of waterways, only a few hundred kilometres are covered by commercial launch services. Photo: Saad Abdullah

Utilising waterways: When common home-goers show the way

12h | Panorama
Illustration: TBS

How Putin revived Nato

14h | Panorama
The reception is a volumetric box-shaped room that has two glass walls on both the front and back ends and the other two walls are adorned with interior plants, wood and aluminium screens. Photo: Noor-A-Alam

The United House: Living and working inside nature

14h | Habitat
Pcycle team members at a waste management orientation event. Photo: Courtesy

Pcycle: Turning waste from bins into beautiful crafts

15h | Panorama

More Videos from TBS

The first mosque in India was built Prophet Mohammad time

The first mosque in India was built Prophet Mohammad time

5h | Videos
After six decades ,the Archies is back

After six decades ,the Archies is back

5h | Videos
Exporters in discomfort, expatriates preferring Hundi

Exporters in discomfort, expatriates preferring Hundi

5h | Videos
Can your coworker be your closest friend?

Can your coworker be your closest friend?

15h | Videos

Most Read

1
Representative Photo: Pixabay.
Bangladesh

Microplastics found in 5 local sugar brands

2
Mushfiq Mobarak. Photo: Noor-A-Alam
Panorama

Meet the Yale professor who anchors his research in Bangladesh and scales up interventions globally

3
The story of Bangladesh becoming a major bicycle exporter
Industry

The story of Bangladesh becoming a major bicycle exporter

4
How Bangladesh can achieve edible oil self-sufficiency with local alternatives
Bazaar

How Bangladesh can achieve edible oil self-sufficiency with local alternatives

5
Govt tightens belt to relieve reserve
Economy

Govt tightens belt to relieve reserve

6
Impact of falling taka against US dollar
Banking

Taka losing more value as global currency market volatility persists

The Business Standard
Top
  • Home
  • Entertainment
  • Sports
  • About Us
  • Bangladesh
  • International
  • Privacy Policy
  • Comment Policy
  • Contact Us
  • Economy
  • Sitemap
  • RSS

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net

Copyright © 2022 THE BUSINESS STANDARD All rights reserved. Technical Partner: RSI Lab