The government may opt to stop supplying natural gas condensate to private refineries in the country after May 15 in a bid to limit their operations and ensure smooth commissioning of a state-run condensate fractionation plant.
The Energy and Mineral Resources Division (EMRD), which is under the Ministry of Power, Energy and Mineral Resources (MPEMR), issued a letter recently spelling out its decision to continue supplying the condensate to privately owned refineries until mid-May, said a senior official.
Earlier, the Petrochemical and Refiners Association of Bangladesh (PRAB) in a letter sought to renew their contracts for receiving supply of condensate from state-run gas fields for another five years.
The association sent the letter on March 22 to state-run Petrobangla which forwarded it to the EMRD seeking its decision over the issue.
A further decision regarding the renewal of contract might come from the EMRD after May 15, said a senior EMRD official.