Dhaka, Bangladesh (BBN)- The government has decided to import 120,000 metric tons diesel from Maldives during the first half of this year (January-June) to meet the domestic demand, officials said.
The decision was taken at a meeting of the cabinet committee on government purchase chaired by Finance Minister AMA Muhith in the capital, Dhaka on Wednesday.
The state-owned Bangladesh Petroleum Corporation (BPC) will import the petroleum from Maldives National Oil Company (MNOC) under a state-to-state deal.
The premium for per barrel of diesel is fixed at US$ 3.90, they confirmed.
The committee also approved five furnace oil-run peaking power plants to generate 350 megawatts (mw) of electricity.
BBN/SS/SI/AD-11Feburary10-10:50 am (BST)