State-owned Bangladesh Petroleum Corporation will begin earth filling from November for the second crude oil refinery unit near Payra Seaport in Patuakhali.
The new refinery would have the capacity to process five million tonnes of crude oil annually. As per source, a feasibility study and front end engineering design will also complete soon for establishing the refinery unit with a Single Point Mooring.
After stalling the expansion of the existing crude oil refinery in the country for years, the BPC has designated 1,000 acres of land near Payra seaport for this project. A strategic oil reserve will also be built there to store oil for emergency use.
The BPC also plans to build a single point mooring system and a refinery unit in Chittagong.
Currently BPC imports crude and refined petroleum from different Middle Eastern and other countries through Chittagong Port.
