Discussions have already started on importing diesel from India’s state-owned Indian Oil Corporation Limited (IOCL). BPC discussed with a delegation of the organization last Monday and Tuesday in Dhaka. Prime Minister Sheikh Hasina visited India on the day the first talks began.
Two responsible officials of BPC participated in the two-day meeting with the Indian delegation held in Dhaka Prothom-aloK said, various conditions have been discussed in bringing fuel oil. The most important of these is uninterrupted supply. In this case, IOCL’s capability is also being seen. IOCL will soon submit a written proposal, after which negotiations will resume. Earlier, from 2003 to 2005, oil was sourced from IOCL, after which they stopped supplying.
Fuel oil was also discussed in the meeting between the two Prime Ministers of Bangladesh and India held in New Delhi last Tuesday. India has assured to supply diesel for the urgent needs of Bangladesh. The next day (last Wednesday) BPC listed IOCL as the fuel oil supplier.
Currently, BPC regularly imports refined fuel oil from India’s Numaligarh Refinery Limited. Since 2017, this oil has been carried by train. However, its amount is not more than 80 to 85 thousand tons per year. Bangladesh-India alliance pipeline is being built between the two countries to increase the amount of oil brought from this refinery. Fuel oil will come from Numaligarh to Parvatipur in Dinajpur through this pipeline. Its work may be completed in December this year.