Voice News BD

BPC may run out of funds for fuel imports in Oct

The Bangladesh Petroleum Corporation (BPC) may run out of funds to open letters of credit (LCs) for fuel imports sometime in October unless the government provides fresh financing, as soaring global oil prices have put the state-run agency under severe financial pressure.

Covered by 1 source ·

Every side

  • The Daily Star Independent
    Transcom Group · corporate

    The Bangladesh Petroleum Corporation (BPC) may run out of funds to open letters of credit (LCs) for fuel imports sometime in October unless the government provides fresh financing, as soaring global oil prices have put the state-run agency under severe financial pressure.

    Read original →

← All stories on Voice News BD