Although fuel oil prices have increased slightly in the global market due to the impact of the Iran-Israel conflict, there is no plan to increase them in the domestic market at the moment, said Advisor on Power, Energy and Mineral Resources Dr. Fouzul Kabir Khan.
He said the Iran-Israel war is being monitored. For now, the adjustment will be made from the profits of Bangladesh Petroleum Corporation (BPC).
The Energy Advisor said this in response to a question from journalists after the 10-year gas supply agreement ceremony at the Bidyut Bhaban on Tuesday afternoon.
The advisor said, "An oil ship arrived at the port during the war and Bangladesh has sufficient reserves. Our advantage is that suppliers bring in from different places. Although the source is from the Middle East, there are many suppliers who supply from Singapore, some from the Malaysian market.”
“Therefore, there is no concern about oil supply. Still, we are keeping an eye on the war," he said.
Asked whether subsidies would be given if fuel prices increase in the world market, he said, "If fuel prices increase in the world market, it will be met from BPC's profits. For now, there are no plans to subsidize or increase fuel prices."
Bd-pratidin English/Lutful hoque
