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Furnace oil price in bangladesh.
The government is set to cut furnace oil price in the local market in a couple of days a senior energy ministry official told the fe on saturday.
Bangladesh s annual need for fuel oil rose to over 5 million tonnes a few years ago due to oil run power.
Heating with oil has always been synonymous with efficient and comfortable heat thanks to its greater heating value.
The chart below shows the price of heating oil in the country relative to other countries.
The new rate was made effective from thursday a bangladesh petroleum corporation bpc senior official said.
This is the second time in ten weeks the price of furnace oil used as an.
As per the prices fixed then octane is being sold at tk 99 per litre petrol at tk 96 and kerosene and diesel at tk 68 a litre.
With the newly imposed tax by the national board of revenue or nbr the price would be around tk 29 per litre he said.
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The decision on reducing the price came after the move by the private sector to purchase around 10 per cent of its total requirement from the bangladesh petroleum corporation and around two weeks after imposition of import duties on the fuel.
The price of heating oil is 34 03 bangladeshi taka per liter for comparison the average price of heating oil in the world for this period is 66 65 bangladeshi taka.
The price of furnace oil had been fixed at tk 60 a litre and that has now been cut.
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Import price of furnace oil by the private sector currently hovers around tk 17 per litre said president of bangladesh independent power producers association bippa imran karim.
Get info of suppliers manufacturers exporters traders of furnace oil for buying in india.
The price of a litre of furnace oil is tk 60.
Kindly note that the basic prices are updated to the best of our knowledge please add excise duty vat cst and local taxes as applicable it is advisable to take re confirmation of the product prices from concerned oil companies before taking making any financial commitments.