Bangladesh to Receive 100,000 Tons Crude Oil via Ship

Another crude oil tanker carrying 100,000 tons of oil is set to depart from Fujairah Port in the United Arab Emirates for Chittagong Port.

Commodore Mahmudul Malek, Managing Director of Bangladesh Shipping Corporation (BSC), said the vessel named MT Fossil will leave for Bangladesh on Monday evening (Bangladesh time). The oil was loaded at Fujairah Port at around noon.

He added that the ship is expected to reach the waters of Chittagong Port on May 23.

Earlier, another tanker, MT Ninemia, carrying the same quantity of crude oil (100,000 tons), arrived at the Qutubdia Channel from Yanbu Port in Saudi Arabia on May 6.

Following global supply disruptions linked to unrest in West Asia and restrictions in the Strait of Hormuz, Bangladesh’s crude oil imports were halted after February 18.

Due to the shortage, operations at the country’s only state-owned refinery, Eastern Refinery Limited, were nearly suspended from April 14.

After the arrival of MT Ninemia, refinery operations resumed fully on Friday morning. According to refinery Managing Director Md. Sharif Hasnat, about 4,500 tons of crude oil are now being processed daily.