Bangladesh Oil Refinery Expansion: The state-owned Eastern Refinery (ERL) is likely to build its long-planned second unit in partnership with Chattogram-based conglomerate S Alam Group after previous attempts to expand the country’s oil refining capacity fell through because of a lack of financing.
What is Eastern Refinery Limited?
Eastern Refinery Limited is the only crude oil refining company in Bangladesh. It is the only source of finished petroleum products in Bangladesh. It can only supply 30 % of the total demand. The rest of the petrol eum products (Finished) is imported by Bangladesh Petroleum Corporation (BPC).
Will Bashundhara become the first private refinery owner?
Bashundhara Oil and Gas Company has already expressed interest in becoming the first private refinery owner.
How much crude oil can a refinery eat a day?
The refinery has a design capacity to tr eat 1.5 million metric tons of crude oil per annum i.e., about 33,000 barrel per stream day (B PSD). The refinery at present operates at 1.4 products in the country. This is basically a fuel refinery, which currently produces 17 petroleum products including 4 non-fuel pr oducts.
Will a second refinery reduce the loss from importing finished petroleum products?
existing refinery which is about forty years old. The operating cost for the new refinery would be higher than the existing operating co st. Three different scenarios are analyzed cost. So the second refinery will minimize the loss from importing finished petroleum products. The price scenarios based on Singapore Spot Prices shown in Table 3.3.4.
What is the capacity of crude oil refining plant?
The capacity of existing crude oil refini ng plant is 15,00,000 M. Ton per year. Proposed expansion of crude oil refining plant is 30,00,000 M. Ton per year. practical analysis. Research topic was finalized by the research supervisor.