STAFF CORRESPONDENT

The government is set to import another 1,00,000 tonnes of diesel from Kazakhstan on an emergency basis as it hunts high and low for fuel amid the ongoing US-Israel war on Iran.

The diesel will be bought at $75.06 per barrel from Kazakh Gas Processing Plant through direct procurement, as per the decision of the Cabinet Committee on Government Purchase chaired by Finance and Planning Minister Amir Khosru Mahmud Chowdhury yesterday.

“The deal is considered cost-effective given the current energy supply situation,” the Bangladesh Petroleum Corporation (BPC) informed the meeting.

The BPC and Kazakh Gas Processing Plant completed their negotiations on April 2. The shipment would be loaded from Batumi, Georgia for delivery to Chittagong Port.

This comes after the government last week approved the import of another 1 lakh tonnes of diesel from ExxonMobil Kazakhstan through direct procurement.

The move to import diesel from Kazakhstan comes after contracted suppliers Unipec Singapore and Petco Trading Labuan Company invoked force majeure on their April delivery.

The committee also approved the procurement of

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