Dhaka, April 15 -- A government move gets underway to select a pool of refined oil suppliers who will be interested to supply the fuel whenever necessary for both short and long terms to avert any exigency.

The state-run Bangladesh Petroleum Corporation (BPC) has already issued an international invitation to enlist potential suppliers for all-weather supply of refined petroleum products on a cost-, insurance and freight (CIF) or cost-and freight (CFR) basis.

For the first time that such tender has been floated amid the persistent Middle-East crisis along with restrictions on vessels over the passage of the Strait of Hormuz. The disruption has been hampering supply of petroleum products to Bangladesh, BPC chairman MdRezanur Rahman told T...