Bangladesh state-run petroleum distributor signs two new Autogas agreements

Padma Oil Company Ltd. (POCL) has announced its plan to expand its business for the commercialisation of LPG for vehicles. The company, which is a subsidiary of the Bangladesh Petroleum Corporation, signed agreements with Bashundhara LP Gas and Petromax LPG to sell Autogas.

Under these agreements, POCL will sell LPG by establishing new Autogas refuelling stations.

The new refuelling facilities will be set at Padma’s existing service stations, operating in parallel to their current petroleum sales. Padma Oil had 695 active filling stations across the country, according to the company’s annual report of FY19.

“We are happy to sign an agreement with POCL,” said Bashundhara LP Gas Head of Sales Jakaria Jalal. “Through this agreement, we will be able to ensure rapid access to environmentally-friendly fuel for use in vehicles across the country.”

In September 2020, POCL had signed Autogas sale agreements with Omera Gas One, Beximco LPG and Energy Pack Power Generation. For more information, please visit this link.

17 February 2021