More Autogas dispensers to be installed at state-run companies’ service stations
Beximco LPG Unit – 1 Ltd., has entered into an agreement with Jamuna Oil Company Ltd. (a subsidiary of state-run Bangladesh Petroleum Corporation) enabling Beximco LPG to setup LPG pumps and commence sales of Autogas through the registered filling stations of Jamuna Oil.
This agreement will ensure rapid penetration of LPG for use in vehicles across Bangladesh. As per the agreement, Jamuna Oil and Bangladesh Petroleum Corporation will each receive a royalty of Tk 0.50 per litre of LPG that is sold by Beximco LPG through their established dispensers. Currently, Jamuna Oil has a network of 750 filling stations while Beximco LPG was granted 500 franchise licenses for LPG stations and 25 licenses for conversion centres by the Ministry of Energy & Mineral Resources earlier in 2016.
“This agreement with Jamuna Oil Company will stand as a milestone for the rapid progress and development of the automotive fuel sector of the country. Beximco LPG commits delivery of the best quality LPG,” said Mehedi Hasan, GM, Sales & Marketing, Beximco LPG.
Moreover, Delta LPG has signed an agreement with Meghna Petroleum (also a subsidiary of Bangladesh Petroleum Corporation) as part of its business expansion. Under the deal, Delta will sell Autogas by establishing LPG refuelling facilities parallel to the sale of petroleum oil through the company’s registered fillings stations. Meghna Petroleum will receive royalty of Tk 0.50 against per litre sale of LPG.
Meghna Petroleum has stepped forward to make LPG more available as a primary fuel source for vehicles in Bangladesh. The move comes as part of the government’s ongoing efforts to increase Autogas consumption in the country.
29 September 2021