large turenkey peanut oil refined 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.
  • Will Bangladesh expand its oil refining capacity?
  • 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.
  • 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.
  • Will Bashundhara become the first private refinery owner?
  • Bashundhara Oil and Gas Company has already expressed interest in becoming the first private refinery owner.
  • Who owns Eastern Refinery?
  • Eastern Refinery was incorporated under the Indian Companies Act 1913 as a public limited company in 1963 with 35% EPIDC's ( East Pakistan Industrial Development Corporation) shares, 30% shares held by Burmah Oil Company and the rest 35% by private entrepreneurs.
  • 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.