Jet fuel prices rises by Tk 17 per liter

Aviation fuel (Jet A-1) prices have seen another increase. For domestic flights, the price per liter has risen to Tk 182.71, up from Tk 165.65. This marks an increase of Tk 17.06 per liter compared to the previous month.

However, for international flights, the price per liter of jet fuel has been increased to $ 1.1882, up from $1.0770, representing a rise of $0.1112 per liter. The Bangladesh Energy Regulatory Commission (BERC) announced these revised jet fuel rates today, Wednesday, for the current month. The new rates will take effect from midnight tonight. Jet fuel prices are adjusted at the beginning of every month, and the latest revision follows this established schedule.According to BERC, the new prices were determined based on the average published Platts rate for Jet A-1 from September 5 to October 4, the dollar exchange rate applied by Bangladesh Petroleum Corporation (BPC) in settling Letters of Credit (LCs), and other relevant cost factors.

The commission noted that the international market prices for Jet A-1, exchange rates, and other associated operational costs were thoroughly reviewed before finalizing the October rates.This marks the second consecutive month of rising jet fuel prices. In September, BERC had raised the price of domestic jet fuel to Tk 165.65 per liter from Tk 159.52, while the international rate was increased to $ 1.0770 per liter from $1.0358.