The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved a proposal under which the government would procure some 38 lakh tonnes of refined fuel oil under Direct Procurement Method (DPM) from January to December of the next calendar year.
The approval came from the 27th meeting of the CCEA this year held on Wednesday virtually with Finance Minister AHM Mustafa Kamal in the chair.
Briefing reporters after the meeting virtually, Cabinet Division additional secretary Sayeed Mahbub Khan said that the Bangladesh Petroleum Corporation (BPC) under the Energy and Mineral Resources Division would procure this 3.8 million tonnes of fuel oil under G to G basis.
Out of these 38 lakh tonnes of fuel oil, the BPC would procure 23.40 lakh tonnes of gas oil, 3.75 lakh tonnes of Jet-A 1, 2.75 lakh tonnes of mogas, 7.50 lakh tonnes of furnace oil and 60,000 tonnes of marine fuel.
