SPM was one of the top priority projects of the Energy Division as the project will substantially save the cost of fuel transportation. The SPM project was undertaken by the BPC to transport imported raw petroleum to state-owned Eastern Refinery in Chittagong in order to reduce the transportation cost of petroleum fuel and also ensure prompt direct unloading from the deep sea vessels. Under the SPM project, a total of 220-km pipeline will be installed in the Bay of Bengal to transport imported crude and refined oil. ERL currently refines 1.5 million tonnes of crude petroleum annually. It will be able to unload 120,000 tons of crude oil in 48 hours and 70,000 tons of diesel in 28 hours.

Source: Dhaka Tribune May 08, 2020 16:18 UTC