small crude oil refinery from supply in bangladesh

                                               
                                               
                                               
                                               
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  • Will Bangladesh allow the private sector to set up oil refineries?
  • Bangladesh will allow the private sector to set up oil refineries and sell the output both for domestic consumption as well as for exports, a move that would help ease the domestic supply situation in coming years, a senior energy ministry official told S&P Global Commodity Insights Dec. 12. Not registered?
  • Can private refineries sell their refined products to state-run Bangladesh Petroleum Corp?
  • Private refineries will have to sell at least 60% of their overall refined products output to state-run Bangladesh Petroleum Corp. during the initial three years of operations. They can sell the remaining 40% output through their own marketing networks during the initial three years after commissioning, according to the new policy.
  • 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 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.