Power, Energy and Mineral Resources Minister Iqbal Hassan Mahmood has said that there is no fuel shortage in the country and urged citizens not to panic-buy petroleum products, as the government maintains adequate fuel reserves, ensuring an uninterrupted supply.
"There is no reason for people to worry about fuel oil," the minister said during a recent media briefing outside the Prime Minister’s Office (PMO) in the city.
He had just emerged from a meeting with Prime Minister Tarique Rahman, where they discussed the global energy situation, particularly the growing concerns surrounding fuel supplies due to the ongoing conflict in the Middle East.
About the current rationing system at fuel stations, Iqbal Hassan explained that the measure was introduced to manage uncertainty over the duration of the conflict. However, he said that the rationing has caused some citizens to stockpile fuel which has led to unnecessary panic.
"In reality, there is no shortage of fuel oil," he reassured, adding that two additional fuel shipments are scheduled to arrive in Bangladesh on March 9.
