Govt to procure 38 lakh MTs of fuel oil in 2024

The Cabinet Committee on Economic Affairs (CCEA) Wednesday approved a proposal under which the government would procure some 38 lakh metric tons of refined fuel oil under Direct Procurement Method (DPM) from January to December period of the next calendar year. The approval came from the 27th meeting of the CCEA

Govt to procure 38 lakh MTs of fuel oil in 2024

The Cabinet Committee on Economic Affairs (CCEA) today approved a proposal under which the government would procure some 38 lakh metric tons of refined fuel oil under Direct Procurement Method (DPM) from January to December period of the next calendar year. The approval came from the 27th meeting of the CCEA

Fuel Oil Import: Dhaka urges Riyadh for deferred payment facility

Bangladesh has reiterated its request to the Kingdom of Saudi Arabia (KSA) to explore possible cooperation from the country in meeting Bangladesh's domestic energy needs.Reflecting on the current political instability in parts of Europe, Foreign Minister Dr AK Abdul Momen on Wednesday urged Saudi Ambassador to Bangladesh Essa Yousef Essa

CPD for re-fixing fuel oil price

The Centre for Policy Dialogue (CPD) today proposed for re-fixing the fuel oil price alleging that the recent hike in fuel oil price has increased the living expenditures of low-income group people. The civil society think tank also opined that the price hike has put a negative impact on the industrial

Govt rejects proposal to double launch fares

The government Monday rejected the launch owners' proposal to double the existing launch fare amid the recent 42.5 percent hike, from Tk 80 to Tk 114 a litre, in diesel price. Launch owners are seeking a 100 percent increase in fares in response to the new fuel oil prices set