pine needles spearmint basil oil refinery plant in bangladesh

   
pine needles spearmint basil oil refinery plant in bangladesh
                                               
                                               
                                               
                                               
  • pine needles spearmint basil oil refinery plant in bangladesh
Will Bangladesh allow the private sector to set up oil refineries?

Bangladesh will allow the private sector to set up oil refineries and sell the output both for domestic consumption as well as for exports, a move that would help ease the domestic supply situation in coming years, a senior energy ministry official told S&P Global Commodity Insights Dec. 12. Not registered?

What is Eastern Refinery Limited (ERL)?

Eastern Refinery Limited, or ERL, is a state-owned oil refinery in Bangladesh. ERL, a subsidiary of Bangladesh Petroleum Corporation, plays a vital role in supplying around 40% of country's current petroleum products demand and thus maintains stability in petroleum, oil and lubricants (POL) products market of the country.

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.