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Bangladesh To Boost Middle Eastern Crude, Diesel Imports With New Mooring

OIL

Bangladesh is expected to increase Middle Eastern crude and diesel imports with the installation of its first single-point mooring system, that will speed up offloading according to S&P Commodity Insights.

  • Bangladesh has installed its first single-point mooring system in the Bay of Bengal. Test runs are expected to take place this month, BPC Director for operations and planning Khalid Ahmed told the FE.
  • Previously, Bangladesh Petroleum Corp had to use multiple small vessels to unload crude and oil products imports from large tankers and move them to storage tanks. The process used to take up to seven days.
  • BPC is expected to boost crude and oil products imports from the UAE and Saudi Arabia as the new system would allow the firm to offload around 900,000 barrels of crude oil within two days.
  • BPC is importing around 82,000 tonnes of Arabian Light Crude oil in June, in addition to its regular crude-oil imports, to facilitate the piloting ahead of formal commissioning of the mooring facility, Ahmed said.
Energy BulletsCommodities
Energy BulletsCommodities

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