Govt okays Tk17,033cr fuel oil imports for June-August

The Cabinet Committee on Government Purchase (CCGP) has (10 June) approved four separate proposals for the import of refined petroleum products worth an estimated Tk17,033.42 crore to meet the country's fuel demand during the June-August 2026 period.

The proposals, submitted by the Energy and Mineral Resources Division, were approved through the international open tender method under four different procurement packages.

The approvals came at a meeting of CCGP chaired by Finance Minister Minister Amir Khosru Mahmud Chowdhury.

According to official sources, the largest proposal involves the import of Gas Oil (0.005 percent sulphur) and Jet A-1 fuel at an estimated cost of Tk7,672.66 crore. Singapore-based Unipec Singapore Pte Ltd was selected as the lowest responsive bidder.

Another proposal for the import of Gas Oil (0.005 percent sulphur) and Jet A-1 fuel was approved at an estimated cost of Tk6,711.75 crore. Singapore-based Vitol Asia Pte Ltd emerged as the recommended supplier for the package.

The committee also approved a proposal for the import of Furnace Oil 180 CST at an estimated cost of Tk1,900.05 crore. Singapore-based Trafigura Pte Ltd was selected as the successful bidder.

In addition, the committee cleared a proposal for the import of Gasoline 95 Unleaded at an estimated cost of Tk748.96 crore. Vitol Asia Pte Ltd secured the contract for supplying the fuel.