FEPD-1 Circular Letter No. 01: Import of LPG under supplier's/buyer's credit

Foreign Exchange Policy Department-1 Bangladesh Bank Head Office Dhaka www.bb.org.bd FEPD-1 Circular Letter No. 01 Date: January 11, 2026 Head Offices/Principal Offices of All Authorized Dealers in Bangladesh Import of LPG under supplier's/buyer's credit Dear Sirs, Please refer to FE Circular No. 51, dated December 29, 2025 in terms of which import of industrial raw materials is permissible under supplier’s or buyer’s credit for a usance period of up to 270 days or the cash conversion cycle, whichever is earlier. 02. Liquefied Petroleum Gas (LPG) is imported in bulk and subsequently bottled in cylinders for domestic use. As a result, local importers require time for storage, bottling and related operational processes. It is hereby clarified that LPG shall be treated as an industrial raw material eligible for import under supplier’s or buyer’s credit. Accordingly, imports of LPG may be allowed for usance terms of up to 270 days, in line with the provisions of FE Circular No. 51/2025. 03. In addition to availing trade credit from suppliers, Authorized Dealers (ADs) are advised to arrange buyer’s credit facilities from overseas banks and financial institutions, or bill discounting facilities through Offshore Banking Units (OBUs) of scheduled banks in Bangladesh, subject to compliance with applicable foreign exchange regulations and prudential credit norms. All other relevant provisions in this regard shall remain unchanged. Please bring the contents of this circular letter to the notice of your relevant constituents.

Yours faithfully,

(Md. Harun-Ar-Rashid) Director (FEPD-1) Phone: 9530123