6th July 2019
EP Report


The launch of planned 'payment automation' of state-run Bangladesh Petroleum Corporation (BPC) is facing hurdles due to opposition from certain quarter.


As a result, its planned launching on July 01 has already been deferred.


A committee headed by director marketing of the BPC is currently scrutinizing the pros and cons of the automation, said a senior BPC official recently.


The BPC awarded the task of developing software to a local company-Computer Network Systems (CNS) -- for full automation of the BPC's payment system.


Sources said, the CNS has almost completed developing the software for its smooth launching within the scheduled timeframe.


The BPC is the biggest company of the country with an annual turnover of over Tk 500 billion (US$ 6.0 billion).


The Ministry of Finance, the major fund provider of the BPC's oil trading, has long been pressing for automation of the company's payment and operations.


But a vested quarter has long been active to delay the automation process, it has been alleged.


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