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Govt greenlights fuel, crude oil import plans

Govt greenlights fuel, crude oil import plans
Crude oil. Photo: Collected
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Advisers Council Committee on Government Purchase has given its nod to multiple proposals for importing fuel oil and crude oil to address the nation’s rising energy requirements in 2026.

The approvals were granted at the committee’s first meeting of the year, held on Tuesday at the Cabinet Division Conference Room in Bangladesh Secretariat. Finance Adviser Dr Salehuddin Ahmed presided over the session.

Through government-to-government (G2G) arrangements, refined fuel oil will be sourced from seven international firms at an estimated cost of Tk10,826.11 crore for the period spanning January to June 2026.

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The approved suppliers are PetroChina (China), ENOC (UAE), IOCL (India), OQT (Thailand), PTLCL (Malaysia), BSP (Indonesia), and UNIPEC (China).

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Furthermore, the committee recommended procuring 7,00,000 metric tonnes of Murban grade crude oil from the Abu Dhabi National Oil Company for approximately Tk5,542.86 crore, alongside 8,00,000 metric tons of Arabian Light Crude from Saudi Aramco costing around Tk6,320.22 crore.

An additional approval was granted for importing 180,000 metric tons of diesel via the India-Bangladesh Friendship Pipeline from Numaligarh Refinery Limited, with an estimated expenditure of Tk1,461.76 crore.

Energy and Mineral Resources Division submitted all the procurement proposals for the committee’s consideration.

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