‘Private-sector fuel oil import decision up to govt’
Daily Sun Report, Chattogram
Published: 16 Sep 2026, 12:00 AM
Newly appointed Bangladesh Petroleum Corporation (BPC) Chairman Dr Md Rafiqul Islam speaks at a views exchange meeting with journalists based in Chattogram at BPC headquarters in Chattogram on Tuesday. -Daily sun Photo
BPC Chairman (Additional Secretary) Dr Md Rafiqul Islam said on Tuesday that the decision to allow the private sector to import refined fuel oil rests with the government, while the Bangladesh Petroleum Corporation (BPC) is scrutinising the issue.
He said the BPC was working to ensure an uninterrupted supply of fuel at affordable prices in the country.
The chairman made the remarks while exchanging views with journalists at the conference room of the BPC building on Sursen Road in Chattogram on Tuesday.
Responding to a question about the global fuel situation, he said the BPC had no control over international developments.
“There was a crisis over the Strait of Hormuz. There are challenges on all these issues. We want to ensure that we are in a position by December. We are trying to fill the gap with the capacity of the BPC,” he said.
“We are also discussing with the government and the finance ministry so that we can remain in a stable situation. There is no crisis with fuel oil yet. We will try to procure fuel oil through more open competition in the second position,” the chairman said.
Regarding the government’s directive to formulate a draft policy for private-sector imports of refined fuel oil, he said, “The decision in this regard is up to the government. We are conducting some scrutiny. I have just joined the BPC and it is difficult to give details at this stage.”
The BPC chairman said the corporation had short-, medium- and long-term plans.
“We have tried. It is difficult to create facilities overnight in the LPG sector,” he said.
Stating that the Single Point Mooring (SPM) had positive aspects, he said a decision on the matter might be made on Wednesday.
“A decision in this regard may be made tomorrow (Wednesday). Obstacles in SPM operations are being removed,” he said.
In response to a question, the chairman said the issue of Super Petrochemical had come to the BPC’s attention.
Senior BPC officials and heads of its affiliated organisations were present at the meeting.