The Indian Oil Company has resumed the long-term supply of refined petroleum products to Bangladesh using ocean-going vessels. This is the first shipment of oil from India’s state-owned entity to Bangladesh after 2020
According to a senior official at the state-run Bangladesh Petroleum Company (BPC), it already delivered a 33,000-tonne cargo of gasoil, or diesel, containing 0.005% sulfur last week.IndianOil has agreed to provide the BPC with about 390,000 tonnes of 0.005% sulphur gasoil, A-1 jet fuel, and 95 RON gasoline, or octane, until December 2023.
Bangladesh is also planning to import gasoil through the pipeline connecting the two nations starting mid-March. The pipeline runs 125 kilometers across Bangladesh and 5 kilometers in India.
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