Meghna Petroleum signs deal with 4 cos to sell LPG

State-run petroleum company Meghna Petroleum Ltd has signed an agreement with Bashundhara LP Gas Ltd and three other companies aiming for business expansion by selling LPG (autogas).

The three other companies are -- Beximco LPG Unit, Omera Gas One Ltd and Unitex Lp Gas Ltd.

The Dhaka Stock Exchange (DSE) has confirmed the information Sunday on its website.

As per the agreement, Meghna Petroleum will sale LPG of the four companies by establishing LPG refuelling stations and liquefied petroleum gas conversion workshops parallel with the sale of refuelling oil through registered filling stations.

Meghna Petroleum will receive royalty of 0.50 taka against per litre sale of LPG.