Take Your Trading To The Next Level. Get Started Here!

Bangladesh’s HSFO imports to fall in May on lower demand, resumption of gas output

April 29, 2022 Comments Off

Bangladesh is likely to reduce its HSFO imports in May by around 11.1% from April on the back of lower consumption during Eid-ul-Fitr holidays and resumption of natural gas production from the country’s largest gas field Bibiyana, market sources said in the week started April 24. Bangladesh is likely to import around 400,000 mt of high sulfur fuel oil in…