Monday, December 22, 2008

Bangladesh Oil Price Reduced by Petrobangla


Bangladesh government, has reduced the price of kerosene and diesel by Tk 2 per litter octane Tk 3 per litter, Petrol by Tk 3 .The decision of the government has been implemented from today midnight

Current price of disel and kerosen will set to tk 46, Petrol Tk74 and octain Tk77 per litter.  The new price is set by a gazette released by Bangladesh Government. 

"The new prices will be effective from Monday midnight," the chief adviser's special assistant M Tamim told bdnews24.com earlier in the day. 

He had said ahead of the government gazette that the price of kerosene and diesel would be cut by at least Tk 2 per litre, and octane and petrol by at least Tk 3 litre. 

Fuel prices were cut in the first phase on Oct. 26. 

Tamim had hinted earlier in the month that fuel prices would fall further as global oil prices plummeted below $50 a barrel. 

Crude oil was selling at $43.91 per barrel on Monday on the international market. 


2 comments:

Anonymous said...

I am a conscious citizen and I was thinking about the oil price in international market and the oil price in Bangladesh. I should say that the government by reducing the oil price only by Tk. 2 to 3 per litre has played mockery with the people of Bangladesh. When the price of crude oil in the international market was $90 per barrel the Octane price in Bangladesh was Tk. 80.00 per litre and at that time Bangladesh Petroleum Corporation was not making any loss. Now if Bangladesh Petroleum Corporation sales Octane at Tk 50.00 per litre it will not incur any loss. Then on whose directives the government has been playing mockery with the people of Bangladesh.

Bauani said...

As far we know, Petrobangla already has a lot of losses in pocket. It seems they are now trying to recover it. Also government of Bangladesh giving subsidies on diesel for farmer as they use diesel to water in field.

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