Beximco LPG Unit – 1 Ltd., signed an agreement with Jamuna Oil Company Ltd., a subsidiary of Bangladesh Petroleum Corporation to enabling Beximco LPG settingup 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 Jamuna Bhaban, Agrabad in the port city on Wednesday.
This agreement will ensure rapid penetration of AutoLPG for use in automobiles across the country. As per the agreement, Jamuna Oil and Bangladesh Petroleum Corporation will each receive a royalty of Tk 0.50 per liter of LPG that is sold by Beximco LPG through their established Auto LPG pumps.
Currently, Jamuna Oil has a network of 750 filling stations while Beximco LPG was granted 500 franchise licenses for AutoLPG stations and25 licenses for Conversion Workshops by the Ministry of Energy & Mineral Resources earlier in 2016.
Md Gias Uddin Ansary, Managing Director, Jamuna Oil and Mrinal Roy, Chief Executive Officer, Beximco LPG signed the agreement on behalf of the respective organisations.
The signing ceremony was also attended by GM (HR) Md Masud Karim, DGM (Finance) Mr. Khasru Azad, DGM (Accounts) Md Masudul Islam, DGM (P&D) Md Jasim Uddin, DGM (Sales)Mr. Abdus Sabur Khan, AGM (Audit) Arshad Azgar Choudhuri and among others on behalf of Jamuna Oil Company.
The program was further attended by Mehedi Hasa, General Manager, Sales & Marketing), Tasnuva Choudhury , Head of Business Development and Abu Bokor Siddiqui, Regional Sales Manager, CTG, from Beximco LPG.
