To ensure an uninterrupted supply of fuel for the country's industrial, transportation, and aviation sectors, the Cabinet Committee on Economic Affairs (CCEA) has granted in-principle approval to import an additional 695,000 tons of oil.

This decision was made to meet the increased demand and maintain adequate reserves for the four-month period from September to December 2026.

The proposal was approved on Wednesday (September 16) at the 29th meeting of the CCEA, held at the Cabinet Division in the Secretariat.

The meeting was presided over by Finance and Planning Minister Amir Khosru Mahmud Chowdhury.

According to the approved proposal, the 695,000 tons of diesel and jet fuel will be imported entirely through government-to-government (G2G) agreements.

According to Cabinet Division sources, this additional fuel import volume is about 10 percent higher than the original allocation set for 2026.

Industry insiders note that fuel consumption in the transport, aviation, and industrial sectors traditionally increases during the final four months of the year.

Considering uncertainties in the international market and geopolitical instability, the government has taken this proactive import initiative to increase strategic reserves and keep the country's economic activities running smoothly.