The successful commissioning of Single Point Mooring (SPM) facilitated the safe transfer of 40,000 tonnes of crude oil from Maheshkhali pumping station to Eastern Refinery Limited (ERL). The initiative, driven by the government’s efforts, aims to streamline fuel transportation, saving Tk 800 crore annually. The SPM pipeline, installed on Moheshkhali Island, promises to enhance efficiency, reduce oil pilferage, and expedite nationwide fuel distribution. State Minister Nasrul Hamid highlighted the project’s significance in bolstering energy security and attributed its success to Prime Minister Sheikh Hasina’s directive. The accomplishment marks a pivotal step towards optimizing fuel logistics in Bangladesh’s energy sector.
BIZDATAINSIGHTS
Bizdata Insights is a Market Insights, Data Intelligence and Business Advisory Platform
Our Solutions
Menu
Newsletter
Sign up for our newsletter now by entering your e-mail address and never miss out on the latest news and updates from our team!