State Minister for Power, Energy and Mineral Resources Nasrul Hamid said that the government would adjust downward fuel price immediately after the price falls in the global market.

The minister said this while addressing a view exchange meeting on Saturday (November 6).

He said, “Fuel price was also reduced in 2016. Now the price has been adjusted for price hike in international market as well as for stopping smuggling.”

Nasrul Hamid also said, the government has re-fixed the prices of diesel and kerosene on November 4 for the greater national interests after considering overall perspectives though diesel price in Bangladesh is still lower than other neighboring countries.

He also said every liter diesel price was 89.79 rupees or Tk 104 in Kolkata today. The matter of entering of huge number of freights through 26 land ports every day to Bangladesh should also be considered as there is risk of smuggling too.