The Parliamentary Standing Committee on the Ministry of Public Administration has recommended that the authorities formulate a realistic plan to keep fuel prices affordable for the public and assess the country’s preparedness to meet future demand.
At its fi rst meeting at the Jatiya Sangsad Bhaban recently, the committee also asked the authorities to present detailed information on current fuel demand, storage capacity and institutional preparedness at its next meeting.
The meeting, chaired by committee chairman and Chief Whip Nurul Islam Moni, reviewed the activities of the Bangladesh Petroleum Corporation (BPC) and its affi liated organizations.
Members discussed the reasons for periodic petroleum price increases and adjustments, measures to keep prices affordable, and the roles of Padma Oil PLC, Meghna Petroleum PLC and Jamuna Oil PLC in fuel pricing