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Bangladesh Energy Regulatory Commission Announces Increase in Jet Fuel Prices

The Bangladesh Energy Regulatory Commission has announced an increase in the price of Jet A-1 for both domestic and international flights.

By Staff Correspondent
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BSS

In a move set to impact both domestic and international airlines, the Bangladesh Energy Regulatory Commission (BERC) has adjusted the price of Jet A-1 fuel for August. Effective from midnight on August 9, 2026, domestic airlines will now pay Tk 159.52 per litre, while international airlines will be charged $1.0358 per litre. The decision follows a thorough review process, which included a public hearing and consideration of international Platts rates.

The price adjustment was revealed in a circular issued by Secretary of BERC, Md Nazrul Islam Sarkar. According to the circular, the new pricing was determined based on the Platts Rate for Jet A-1 from July 5 to August 4, 2026, alongside the US dollar exchange rate used in Bangladesh Petroleum Corporation's Letter of Credit (LC) settlement.

Public Hearing and Committee Review

The BERC conducted a public hearing in line with Sections 34 (4) and 34 (6) of the Bangladesh Energy Regulatory Commission Act, 2003, as part of the process to adjust the monthly price of Jet A-1. This review involved proposals from the Bangladesh Petroleum Corporation (BPC) and Padma Oil Company Limited (POCL). A dedicated committee was formed to analyze international Platts rates, the US dollar exchange rate, and transportation cost changes before finalizing the August rates.

The increased prices are expected to reflect in the operational costs of airlines, potentially influencing ticket prices. Airlines have been urged to adjust their budgeting and pricing strategies accordingly. The BERC's decision underscores the importance of aligning domestic fuel prices with global market conditions to maintain competitiveness and stability in the aviation sector.

The impact of these price changes will be closely monitored by both local and international aviation stakeholders. As airlines adapt to the new pricing structure, passengers may experience variations in flight costs in the coming months.

Source: BSS

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