>> China will give Bangladesh $82.5 million in soft loan and the remaining $467.8 million in preferential buyers' credit. State-owned Bangladesh Petrolium Corporation's Eastern Refinery is the sole fuel oil refinery of the country now. It can refine 1.5 million tonnes crude oil annually. The mooring's capacity to offload oil annually will be 9 million tonnes. According to the deal, the Chinese bureau will build the mooring in Maheshkhali and set up a 220-kilometre double pipeline to the refinery depot.

Source: bd News24 October 27, 2017 14:03 UTC