Bangladesh Petroleum Corporation (BPC) has confirmed that the country currently holds adequate fuel reserves and there is no justification for raising prices due to the ongoing war situation. At a press conference held on Tuesday at the BPC headquarters in Karwan Bazar, Chairman Md. Rezanur Rahman stated that Bangladesh has a total of 136,000 metric tons of fuel oil in stock. He added that alternative markets are being considered in light of the global conflict, but the existing reserves are sufficient to prevent any immediate price increase.

To ensure uninterrupted supply, BPC has completed letters of credit for seven ships as of Monday. The current stock is expected to last 14 days for diesel, 28 days for octane, 15 days for petrol, 93 days for furnace oil, and 55 days for jet fuel. Earlier, Prime Minister Tarique Rahman held meetings with key ministers and officials to review preparedness and instructed all relevant ministries to remain active in ensuring energy security.

Energy Minister Iqbal Hasan Mahmud and Foreign Affairs Adviser Humayun Kabir both expressed confidence that the government’s coordinated efforts would maintain stability in the energy sector despite global uncertainties.