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Will Bangladesh allow the private sector to set up oil refineries? Bangladesh will allow the private sector to set up oil refineries and sell the output both for domestic consumption as well as for
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spglobalBangladesh permits privately-owned refineries to help ease
Private refineries need to have minimum 1.5 mil mt/year capacity Have to sell at least 60% of products to BPC for first three years Bangladesh will allow the private sector to set up oil
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- Can private refineries sell their refined products to state-run Bangladesh Petroleum Corp?
- Private refineries will have to sell at least 60% of their overall refined products output to state-run Bangladesh Petroleum Corp. during the initial three years of operations. They can sell the remaining 40% output through their own marketing networks during the initial three years after commissioning, according to the new policy.
- Is crude palm oil a nutrient?
- Abstract Crude palm oil is rich in minor components that impart unique nutritional properties. The most relevant are tocopherols and tocotrienols (vitamin E) and carotenoids (α- and β-carotene). Pa...
- Why do private refiners have to pay Taka 1/liter to BPC?
- Private refiners will have to sell refined oil at rates fixed by the government or by the BPC to ensure that consumers get them at uniform retail prices, according to the policy. Under the policy, private refiners will have to pay Taka 1/liter to BPC as margin against selling their output.
- Why is deterioration of bleachability index important in palm oil refining?
- The quality of the crude oil is to be considered as it can greatly affect the efficiency of the refining process and the quality of the end-products. The deterioration of bleachability index (DOBI) is a good indicator of the capability of palm oil to be successfully refined.
- Does Bashundhara sell Gasoil to BPC and hsfo?
- It produces diesel, furnace oil, bitumen and naphtha. "We sell gasoil to BPC, HSFO to power plant owners and naphtha and bitumen though our own networking system," said Rahman. Bashundhara has plans to build a new refinery having capacity of over 5 million mt/year in Chattagram under the new policy, he added.
- How much processing capacity a crude oil refinery needs?
- The Energy and Mineral Resources Division under the Ministry of Power, Energy has adopted the new policy and published a notification to this effect. Under the policy, the annual processing capacity of a crude oil refinery set up by the private sector must be at least 1.5 million mt/year.
