The Single Point Mooring (SPM) project, designed to transport crude petroleum and diesel to a storage facility, is set to undergo test commissioning in November 2023. The test transportation of crude petroleum is scheduled for November 4, with diesel test transportation following on November 9.
The SPM project aims to save costs related to fuel transportation and ensure the prompt unloading of petroleum from deep-sea vessels. It’s considered a top priority project of the Energy Division, with the potential to significantly reduce transportation costs. China Petroleum Pipeline Engineering Co Ltd (CPPEC) is the Engineering Procurement and Construction (EPC) contractor for the project, while ILF Consulting Engineers and Blue Water are also involved. Prime Minister Sheikh Hasina will inaugurate the project after successful test commissioning.