Padma Oil Company, a subsidiary of Bangladesh Petroleum Corporation (BPC), has increased the price of jet fuel by Tk 13 per liter.
As a result, the current price of jet fuel is 100 rupees per liter.
According to BPC, the international price of jet fuel is ২ 0.2 per liter. Oil prices have risen in the international market.
As such, the price of jet fuel in the international market is now 121 to 122 rupees per liter.
The government is selling at Rs 100 per liter with subsidy. As a result, there is no possibility of reducing the price of jet fuel if it does not decrease in the international market, BPC said. In 2021, the demand for jet fuel was 3,19,606 metric tons, which is entirely dependent on imports.
In this regard, Khalid Ahmed Jago, Director (Marketing / App. O.) of Bangladesh Petroleum Corporation (BPC) told himself that the price of fuel oil was increasing in the international market. At present we have to buy jet fuel at 121 to 122 rupees per liter. As a result, we have nothing to do until prices fall in the international market.
Meanwhile, rents have risen due to rising fuel prices. Because at least 40 percent of the cost of operating a flight depends on the price of jet fuel. Therefore, when the price of fuel (jet fuel) increases, the rent is directly affected.
Before Kovid, the minimum fare on the Dhaka-Jessore route was Tk 2,600, but now it has risen to Tk 4,600. Before Kovid, the minimum fare on the Dhaka-Cox’s Bazar route was Tk 3,600, now it is Tk 5,600. The fare from Dhaka-Saidpur has increased from Tk 2,600 to Tk 4,600 now. The rent in Chittagong, Sylhet and Rajshahi is at least five thousand rupees. Before Kovid which was two thousand six hundred rupees. Eid ahead, at this time the number of passengers increases by air. As a result, fare hike will have a direct impact on passengers.