BPC's 90-day fuel stock plan to safeguard against global shocks
Bangladesh, Nov. 8 -- The government has been working to expand fuel storage capacity up to 90 days' demand to ensure gasoline supply for uninterrupted industrial operations and strengthening energy security amid volatility in the global market.Compare Utilities
"Under the government's plan, strategic fuel storage capacity will be increased from the current 60 days to 71 days by December this year and 90 days by 2027," Bangladesh Petroleum Corporation (BPC) Chairman Dr Md Rafiqul Islam said today (Sunday), BSS reports.
He said considering the present realities, the government plans to raise fuel storage capacity gradually to 90 days, and work is underway so that the domestic energy market can be kept stable during any untoward situati...
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