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		<lang class="3" colour="#000000" orgstyle="HEAD new 2" style="Headline1"  font="Blacker Pro Display" fontStyle="Regular" size="25">Octane imports now beyond storage capacity </lang>
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="FROM PAGE" font="Blacker Pro Display" fontStyle="Bold" size="7">FROM PAGE 1
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="8.7">stock at a time,” said Anindya Islam Amit, state minister for power, energy, and mineral resources.
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="8.7">The fuel demand for April and May has already been secured, and preparations for the June schedule are underway.
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="8.7">“We are fully prepared to meet the fuel demand for April and May,” Amit added.
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="8.7">Amid the rising stock, the government has increased the octane supply to filling stations by 25 percent from the average daily release in the first half of April.
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="8.7">Currently, depots are supplying about 1,382 tonnes of octane daily, up from 1,115 tonnes between April 1 and 15.
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="8.7">Officials hinted at a further increase in supply due to lack of storage facilities after the unloading of the latest shipment.
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="8.7">In March, when the US-Israel war on Iran escalated, the average daily supply stood at 1,217 tonnes -- slightly higher than 1,193 tonnes of March last year.
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="8.7">At the time, the government had imposed a supply ceiling to match March 2025 demand levels following panic buying. 
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="8.7">However, amid uncertainties over timely shipments and tightening stock margins, the BPC reduced daily supply by around 100 tonnes, though officials did not formally acknowledge the cut.
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="8.7">But the long queues still persist at filling stations in Dhaka and Chattogram. Motorcyclists and cars that run on octane were seen lining up from early morning, with many failing to get fuel after daily supplies to the pumps ran out.
</lang>
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<p style=".Bodylaser" ul="0" ol="0"  orgstyle="BODY new">
	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="8.7">The increased release aims to ease pressure at pumps, though restrictions on distribution may remain in place as stations need to serve as many customers as possible, said BPC officials.
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="8.7">In addition, the “fuel pass” system will be gradually introduced all over the country, they said.
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="8.7">As of yesterday, the petrol stock stood at 19,500 tonnes, enough to meet demand for at least two weeks. Besides, there is regular production from local condensates in five fractionation plants.
</lang>
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="8.7">Diesel stock stood at 81,600 tonnes, enough to meet a week’s demand. However, a total of 110,000 tonnes of diesel consignments in three shipments are awaiting unloading at Chattogram Port.
</lang>
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="8.7">The refined fuel stocks are at a comfortable level, Amit said.
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="8.7">Jet fuel reserves, in particular, are sufficient for nearly six weeks, with adequate supply planned for April and May and preparations underway for June, he added.
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="8.7">ERL, the country’s lone refinery, is currently operating two of its four units, producing limited quantities of petrol and bitumen.
</lang>
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="8.7">Crude oil stocks have run out after three consignments were delayed due to disruptions in the Strait of Hormuz following the outbreak of war. 
</lang>
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="8.7">However, the authorities have secured two new shipments via the Red Sea from Saudi Arabia’s Yanbu port. The shipments are expected next month.
</lang>
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="8.7">“We hope ERL will not face a complete shutdown as the first consignment is scheduled to arrive in the first week of May. Meanwhile, we are utilising the downtime to carry out maintenance on two units,” said ERL Managing Director Md Sharif Hasnat.
</lang>
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="8.7">ERL contributes only about one-fifth of the country’s total fuel supply, according to Amit.
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="8.7">To manage the situation, the government has approved increased imports of refined fuel to offset the shortfall, he said, adding that plans are underway to install a second unit at ERL with an annual refining capacity of 3 million tonnes by 2029.
</lang>
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="8.7">The government is also preparing to float an international tender in May after finalising whether to go for foreign funding or domestic resources.
</lang>
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="8.7">This will allow Bangladesh to diversify crude import sources beyond the Middle East, reduce exposure to global volatility and regional disruptions, he said.
</lang>
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="8.7">ERL, which was established in 1968, has a refining capacity of 1.5 million tonnes, while the country’s annual demand exceeds 7 million tonnes of refined fuel.
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