Fuel Supply Stable for Next Two Months, Energy Department Assures

The Energy Department has confirmed that Bangladesh holds sufficient fuel reserves to meet national demand for at least the next two months, dismissing concerns over potential shortages.

Speaking at a briefing at the Secretariat on Wednesday afternoon, Joint Secretary Monir Hossain Chowdhury detailed the country’s current stock: 101,385 metric tons of diesel, 31,821 metric tons of octane, 18,211 metric tons of petrol, and 77,546 metric tons of jet fuel.

Addressing recent crowding at refueling stations in the capital, Chowdhury noted that the issue is largely confined to Dhaka.

"There is no need for panic buying," he stated. "Supply levels remain identical to the same period last year. We have not reduced distribution to pumps in any way."

The Joint Secretary reassured industrial leaders that diesel supplies for factories remain unaffected. Fuel is currently being distributed based on demand lists without obstruction. To further bolster reserves, the government has approved the private import of 1.4 million metric tons of fuel.

Regarding crude oil, Chowdhury acknowledged a hiatus in imports during March and April but confirmed that shipments from Saudi Arabia are scheduled to arrive via an alternative route by early May. Currently, the Eastern Refinery processes 1.5 million metric tons annually, meeting approximately one-fifth of the nation's total fuel requirement.

The Energy Department reiterated that fuel prices will continue to be adjusted monthly. Following the April adjustment, the ministry will review international market conditions and local stock levels to determine the pricing for next month.