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Dhaka Tribune

Govt: Adequate fuel inventories to meet crop season demand

We will ensure an adequate supply of diesel and electricity to meet the growing demand for the crop season, says State Minister for Power, Energy, and Mineral Resources Nasrul Hamid

Update : 10 Dec 2020, 10:40 PM

Bangladesh has petroleum inventories enough to meet the irrigation season demand for crop production, says the Ministry of Power, Energy, and Mineral Resources. 

At an inter-ministerial meeting, convened by the ministry, it was noted that the country’s demand for the crop season from November this year to May next year is about 1,939,370 metric tons of diesel and 51,034 metric tons of lube oil.

“Against the demand, the stock of the two items is adequate in the country," the ministry said in a release on Thursday, referring to the meeting’s outcome.

State Minister for Power, Energy, and Mineral Resources Nasrul Hamid, who presided over the meeting, said: “The country witnesses an additional demand for diesel and electricity during the irrigation season. 

“Especially, the northern region gets an additional demand for the item.”

Hamid said that his ministry would ensure an adequate supply of diesel and electricity to meet the growing demand for the crop season.

According to the ministry, diesel constitutes 73.11% of the total petroleum consumption in the country, of which 18% is consumed by the agriculture sector alone for irrigation purposes.

Bangladesh Petroleum Corporation (BPC) transports 84% of petroleum through riverine routes while 9% through rail network and 7% via roads. 

Prime Minister’s Energy Advisor Dr Tawfiq-e-Elahi Chowdhury, Senior Secretary of Energy Anisul Rahman, Bangladesh Power Development Board Chairman Belayet Hossain, and top officials from the Shipping and Agriculture ministries, and BGB attended the meeting.


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