Staff Correspondent: Dhaka, Sept-01,
Beximco LPG Unit – 1 Ltd has signed a deal with Jamuna Oil Company Ltd, a subsidiary of Bangladesh Petroleum Corporation, to sell its auto-gas by setting up pumps at the registered filling stations of the state-owned company.
The signing ceremony
took place at the Chottogram office of Jamuna Oil Company on Wednesday.
According to the
agreement, it will ensure rapid penetration of liquefied petroleum gas (LPG)
for use in automobiles across the country.
LPG is also known as
auto-gas while is used in the motor vehicles.
As per the deal, Jamuna Oil and Bangladesh
Petroleum Corporation will each receive a royalty of Tk 0.50 per liter of LPG
that is sold by Beximco LPG through their established Auto LPG pumps.
Currently, Jamuna Oil
has a network of 750 filling stations while Beximco LPG was granted 500
franchise licenses for Auto LPG stations and 25 licenses for Conversion
Workshops by the Ministry of Energy & Mineral Resources earlier in 2016,
said a press release of the Beximco.
The agreement was
signed by Gias Uddin Ansary, managing director of Jamuna Oil and Mrinal Roy,
chief executive officer of Beximco LPG.
Speaking at the
ceremony, Mehedi Hasan, GM, Sales & Marketing of Beximco LPG, said, “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.
He said Beximco LPG
commits delivery of the best quality LPG mix of Propane and Butane to ensure
that the fuel reaches the required Octane number and causes no damage to the
engine of the vehicle.
End/Dct/Bab/Sma/
