Govt Approves Fuel Imports Worth Tk17,033 Crore to Ensure Energy Supply

The government has approved the import of refined petroleum products worth approximately Tk17,033.42 crore to secure the country’s fuel supply during the June-August 2026 period.

The approvals were granted by the Cabinet Committee on Government Purchase (CCGP) at a meeting chaired by Finance Minister Amir Khosru Mahmud Chowdhury on Tuesday. The proposals were submitted by the Energy and Mineral Resources Division and processed through the international open tender method under four separate procurement packages.
 

Officials said the imports are aimed at ensuring uninterrupted fuel availability for transportation, aviation, power generation, and industrial activities amid rising seasonal demand.
 

The largest procurement package involves the import of Gas Oil containing 0.005 percent sulphur and Jet A-1 aviation fuel. The contract, valued at an estimated Tk7,672.66 crore, was awarded to Singapore-based Unipec Singapore Pte Ltd after it emerged as the lowest responsive bidder in the tender process.
 

In another major package, the committee approved the import of additional quantities of Gas Oil and Jet A-1 fuel at an estimated cost of Tk6,711.75 crore. The contract was secured by Singapore-based Vitol Asia Pte Ltd, one of the world's leading energy trading companies.
 

The government also approved the import of Furnace Oil 180 CST, a key fuel used in various industrial and power generation facilities. The package, worth approximately Tk1,900.05 crore, was awarded to Singapore-based Trafigura Pte Ltd following the tender evaluation process.

Additionally, the committee cleared the import of Gasoline 95 Unleaded, commonly used in high-performance vehicles. The procurement package, valued at Tk748.96 crore, was also awarded to Vitol Asia Pte Ltd.

Energy sector officials said the approved imports are part of Bangladesh’s routine fuel procurement programme designed to maintain strategic reserves and ensure stable supply across different sectors of the economy.

The government continues to rely on international suppliers to meet a significant portion of the country’s petroleum requirements, as domestic production remains limited compared to overall demand. Fuel imports play a crucial role in supporting transportation networks, industrial production, power generation, and aviation operations nationwide.
 

The latest approvals come as authorities seek to maintain energy security and avoid supply disruptions during the upcoming months. Officials noted that timely procurement is essential for ensuring smooth economic activity and meeting the fuel needs of both consumers and businesses.

With the four contracts now approved, the selected suppliers are expected to begin deliveries under the agreed schedules to ensure adequate fuel stocks remain available throughout the June-August period.
 

The combined procurement package represents one of the largest fuel import approvals of the year and reflects the government's continued efforts to safeguard energy supplies amid fluctuating global energy markets and growing domestic consumption.