The price of fuel oil will be reduced by Tk. 2 / liter
The Bangladesh Petroleum Corporation
(BPC) has decided to reduce the prices for jet fuel and furnace oil by
Tk2/litre following softening international crude oil prices.
The decision was taken at a BPC
meeting held on Sunday and the adjusted prices will be enacted from Monday, the
official, while seeking anonymity told.
Jet fuel is used in the aviation
sector while furnace oil is for power generation.
At present, the price of a litre of
jet fuel (Jet A-1) stands at Tk77 for local and $0.73 for international
flights.
Whereas, the current price of
furnace oil is Tk62/litre (last revised on 5 November).
The annual demand for these
different forms of fuels is around seven lakh tonnes 3.45 lakh for jet fuel and
3.64 lakh for furnace oil. Source: Tbs