Dhaka, Thursday, August 16, 2018 02:08 AM   
     
Home Energy BD Energy World Green Energy Opinion Interview Environment Business Others Archive
LATEST >
বাংলা সংস্করণ
   
250-km Dhaka-Ctg fuel oil pipeline to be constructed

The government will construct a 250-km fuel oil pipeline between Chittagong and Dhaka by 2017 aiming to reduce transport cost and stopping pilferage of fuel.

An official of Energy and Mineral Resources Division (EMRD) told energynewsbd.com recently.

To implement the project, the government, meanwhile, has instructed the state-run Bangladesh Petroleum Corporation (BPC) to conduct a feasibility study in this regard, the official said.

“The government would set up the pipeline spending around Tk1200 crore and it would ultimately save Tk130 crore annually,” he said, adding: “The pipeline will also ensure fuel security.”

The official added that BPC has been instructed to conduct the study by August 22, 2015, while the Padma Oil Company Limited would prepare the document.

A high level meeting held recently decided that the fuel pipeline would be installed on the roadside instead of land acquisition, which is expected to complete in 2017, he said.

He informed that the fuel pipeline would ensure fuel security in the capital city as well as the country`s main airport by supplying fuel much faster.

The EMRD official also said the Gas Transmission Company Limited (GTCL) could implement the project following deposit work system as the BPC had no experience in this regard.

The direct petroleum fuel pipeline would supply imported fuel and crude oil from Chittagong to the capital city that will save both time and cost.

Besides, Ministry of Power, Energy and  Mineral Resources  has also undertaken another project to install 16-km fuel pipeline from Kanchan Bridge to Hazrat Shahjalal International Airport with an estimated cost of Tk40 crore, said a ministry official.

The government has prepared a document, fixing a target to complete the project by 2016, he said, adding the project will save Tk24 crore annually.

Print Friendly and PDF

   You may also like

Category: Petroleum
BPC makes Tk26cr profit in 4 years

Category: Petroleum
Bangladesh urges French help for energy sector

Category: Petroleum
China to give $554m for Single Point Mooring project

Category: Petroleum
15-yr deal likely with India to import diesel thru’ pipeline

Category: Petroleum
No fuel price cut for now

Category: Petroleum
Deal signed for setting up of a 3,000 barrel per day capacity Catalytic Reforming Unit

Category: Petroleum
Govt going to reduce fuel price again

Category: Petroleum
BPC signs deal with Technip for ERL unit-2

Category: Petroleum
Oil price will be not be reduced: Nasrul
     
    RECENT STORIES   MOST READ
    FOLLOW US ON FACEBOOK
    Recent Petroleum Stories
BPC makes Tk26cr profit in 4 years
Bangladesh urges French help for energy sector
China to give $554m for Single Point Mooring project
15-yr deal likely with India to import diesel thru’ pipeline
No fuel price cut for now
Deal signed for setting up of a 3,000 barrel per day capacity Catalytic Reforming Unit
Govt going to reduce fuel price again
BPC signs deal with Technip for ERL unit-2
Oil price will be not be reduced: Nasrul
NRL exports high speed diesel to Bangladesh


Explore the energynewsbd.com
Home
Energy World
Opinion
Environment
Others
Energy BD
Green Energy
Interview
Business
Archive
About Us Contact Us Terms & Conditions Privacy Policy Advertisement Policy