rate mastered oil refinery plant in bangladesh

                                               
                                               
                                               
                                               
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  • How much oil can a refinery sell in Bangladesh?
  • Under the policy, the annual processing capacity of a crude oil refinery set up by the private sector must be at least 1.5 million mt/year. The refiners will be allowed to sell all types of oil products, including gasoil, jet A-1 fuel, high sulfur fuel oil and gasoline at standards specified by the Bangladesh Standard and Testing Institute.
  • How much oil does Bangladesh import a year?
  • Bangladesh currently imports around 1.5 million mt of crude oil annually to refine at its sole Eastern Refinery Ltd., a BPC subsidiary. BPC separately imports annually around 7.5 million mt of refined oil products and private power plant owners import around 3 million mt of HSFO.
  • What are the fastest growing export markets for refined petroleum of Bangladesh?
  • The fastest growing export markets for Refined Petroleum of Bangladesh between 2020 and 2021 were Malaysia ($34.9M), China ($10.2M), and Indonesia ($68.7k). Imports In 2021, Bangladesh imported $5.48B in Refined Petroleum, becoming the 36th largest importer of Refined Petroleum in the world.
  • What is Eastern Refinery Limited (ERL)?
  • Eastern Refinery Limited, or ERL, is a state-owned oil refinery in Bangladesh. ERL, a subsidiary of Bangladesh Petroleum Corporation, plays a vital role in supplying around 40% of country’s current petroleum products demand and thus maintains stability in petroleum, oil and lubricants (POL) products market of the country.