Govt announces up to Tk1 lakh reward for info on fuel hoarding, smuggling
The move comes as authorities step up vigilance nationwide to ensure uninterrupted distribution of petroleum products and prevent market manipulation as the nation grapples with severe fuel shortage.
The government has announced a cash reward of up to Tk1 lakh for individuals who provide information on fuel hoarding and smuggling amid heightened efforts to stabilise supply.
In a notice issued today (30 March), the Energy and Mineral Resources Division said informants assisting local administrations with "specific and verifiable information" on illegal stockpiling and fuel smuggling will be eligible for the incentive.
The move comes as authorities step up vigilance nationwide to ensure uninterrupted distribution of petroleum products and prevent market manipulation as the nation grapples with severe fuel shortage.
Officials said the reward aims to encourage public participation in monitoring irregularities across the fuel supply chain, particularly at depots, filling stations, and transport routes.
"The government is determined to take strict action against those involved in illegal hoarding and smuggling of fuel," a senior official of the energy division.
The Initiative is part of a broader crackdown that includes the formation of vigilance teams across districts and intensified field-level inspections, as authorities seek to maintain discipline in the fuel market and avoid artificial shortages.
Also, despite the official end of rationing that was imposed from 6 March, filling stations across Dhaka continue to impose informal limits. Most pump operators are providing no more than Tk500-600 worth of fuel for motorcycles, with similar restrictions for private cars.
Amid a deepening nationwide fuel crisis, the lines in front of petrol pumps are growing longer. Pumps are showing "No more fuel" signs.
Bangladesh is struggling to maintain a stable fuel supply as global energy disruptions linked to the Middle East war continue to strain imports, finances and reserves.
After strikes on Iran on 28 February, the Iranian authorities declared the Strait of Hormuz closed, raising security risks across the Persian Gulf.
Supply uncertainty grows
According to the National Board of Revenue, Bangladesh sourced about 80% of its crude oil, 65% of LNG and 51% of LPG imports from the Middle East in the first eight months of FY26.
While refined fuel imports largely come from other Asian countries, those suppliers also depend heavily on Middle Eastern crude, leaving Bangladesh exposed to prolonged disruptions.
Industry insiders warned that unless transit through the strait resumes soon, shipment delays could worsen, increasing pressure on fuel supply chains.
They said a diplomatic breakthrough ensuring safe passage could stabilise the situation quickly. Otherwise, prolonged disruption may drive up costs and deepen uncertainty in LPG and broader energy supplies.
