DHAKA, Sept 1, 2021 (BSS) - Beximco LPG Unit – 1 Ltd, has entered into an agreement with Jamuna Oil Company Ltd. (a subsidiary of Bangladesh Petroleum Corporation) enabling Beximco LPG to setup LPG Pumps and commence sales of Autogas through the registered filling stations of Jamuna Oil Ltd.
 
The signing ceremony took place at the Chottogram office of Jamuna Oil Company Ltd at Agrabad, said a press release.
 
As per the agreement, Jamuna Oil and Bangladesh Petroleum Corporation will receive a royalty of Taka 0.50 per liter of LPG that is sold by Beximco LPG through their established AutoLPG pumps.
 
Currently, Jamuna Oil has a network of 750 filling stations while Beximco LPG was granted 500 franchise licenses for AutoLPG stations and 25 licenses for Conversion Workshops by the Ministry of Energy & Mineral Resources earlier in 2016.
 
The agreement was signed by Md Gias Uddin Ansary (Managing Director, Jamuna Oil) and Mrinal Roy (Chief Executive Officer, Beximco LPG on behalf of their respective organisations with the presence high officials of both sides.